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

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

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

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

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

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

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

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