Elon Musk Proposes to Buy Twitter for Original Offer Price

Elon Musk has reversed course and is again proposing to buy Twitter for $54.20 a share

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Twitter shares were halted Tuesday after Bloomberg reported that Elon Musk plans...

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to go through with his acquisition at $54.20 a share.

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The stock jumped 15% and then was halted for a second time.

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It is pertinent to mention here that Musk and Twitter were set to enter the courtroom this month

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with the latter seeking an order directing Musk to close the deal at the original offer price of $54.20.

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The billionaire had been trying to back out of his contract to buy Twitter for months

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