Elon Musk Is Going Ahead With His Twitter Deal at $54.20 a Share, the Original Offer Price

Elon Musk is going ahead with his original offer to buy Twitter for the price of $54.20 a share! Musk has offered to complete his proposed $44bn acquisition of Twitter in order to avoid a courtroom fiasco. Another U-turn? The lawyers of the world’s richest man have confirmed that Musk has agreed to go ahead with the transaction on the agreed terms after months of drama and speculation.

Twitter said in a statement:
“We received the letter from the Musk parties which they have filed with the SEC. The intention of the company is to close the transaction”

Let’s see what’s next!