Elon Musk's Twitter acquisition deal is back on

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Elon Musk wants Twitter...again

Voluble billionaire Elon Musk may be finally ready to close that giant Twitter deal - at least for today.to restart the deal at the originally agreed upon terms. The news comes days before Musk was due to be deposed in a case seeking to throw out the deal -- and just days after some ofbetween associates, friends, and former Twitter CEO Jack Dorsey were released in discovery. The newly released messages shed light on how Musk views Twitter, its new features , and the deal itself.

News of the deal being back on sent Twitter's stock soaring until trading was briefly halted mid-day before being reopened. Twitter shares have since jumped to almost $52 a share. The filing indicates that Musk is returning to his original terms set forth in April. From the SEC filing: "On October 3, 2022, the Reporting Person’s advisors sent a letter to Twitter notifying Twitter that the Reporting Person intends to proceed to closing of the transaction contemplated by the April 25, 2022 Merger Agreement..."In the hours leading up to this news, Musk was

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Elon Musk's Twitter acquisition deal is reportedly back onThe on-again, off-again, on-again, off-again, on-again deal... This acquisition will be the one that Musk chokes on 😂 Reading his latest tweets, I believe even more that this is a bad idea.
Source: techradar - 🏆 51. / 63 Read more »

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