Elon Musk says he’ll buy Twitter, again, for $54.20 a share, again

Posted on AllSides October 4th, 2022
From The Left
Illustration by Kristen Radtke / The Verge; Getty Images

Elon Musk will actually buy Twitter — for real this time — at $54.20 a share. Musk confirmed the offer in a filing with the Securities and Exchange Commission. In the SEC filing, he says he will “proceed to closing of the transaction” on the terms he negotiated with Twitter in April, as long as the lawsuit Twitter brought against him to force him to close the deal is adjourned.

The filing follows reporting from Bloomberg that suggested Musk would close the deal under the original terms he proposed in April before trying to back...

Read full story

The Verge

AllSides Media Bias Rating: Lean Left
AllSides Media Bias Rating: Lean Left
See full bias rating for The Verge
Learn about media bias

More News about Business from the Left, Center and Right

From the Left

From the Center

From the Right