Retweet: Musk Now Says He WILL Buy Twitter
View Source | October 4, 2022 12:33 pm
- Elon Musk is proposing to buy Twitter Inc. for the original offer price of $54.20 a share, Bloomberg News reports.
- Musk made the proposal in a letter to Twitter, according to people familiar with the matter, who asked not to be identified discussing confidential information.
- Shares in Twitter climbed as much as 18% on the news, after trading was briefly halted.
- Musk had been trying for months to back out of his contract to acquire Twitter, signed in April.
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