Elon Musk says he's willing to buy Twitter after all
The Tesla CEO tells Twitter that he'll go ahead with the original deal to buy the company for $44 billion, or $54.20 a share, possibly averting a trial set for later this month.
by Raquel Maria Dillon
Oct 04, 2022
3 minutes
Updated October 4, 2022 at 3:46 PM ET
Elon Musk now wants to go through with his original offer to buy Twitter for the previously agreed upon price.
The legal team for the billionaire Tesla CEO sent a letter to Twitter Monday, which could put an end to the knock-down, drag-out legal fight over the merger that he tried to abandon in July.
The news, first reported by Bloomberg, sent shares of the struggling social media company soaring before the Nasdaq halted trading for a few hours. Twitter stock rose 22% after trading resumed.
Musk agreed in
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