The tumultuous saga of Elon Musk’s on-again off-again purchase of Twitter took a turn toward a conclusion Tuesday after the mercurial Tesla CEO proposed to buy the company at the originally agreed-on price of $44 billion.
Musk made the surprising turnaround not on Twitter, as has been his custom, but in a letter to Twitter that the company disclosed in a filing Tuesday with the U.S. Securities and Exchange Commission. It came less than two weeks before a trial between the two parties is scheduled to start in Delaware.
In response, Twitter said it intends to close the transaction at $54.20 per share after receiving the letter from Musk. But the company stopped short of saying it’s dropping its lawsuit against the billionaire Tesla CEO. Experts said that makes sense given the contentious relationship and lack of trust between the two parties.
Twitter is a bunch of self aggrandizing losers yelling at fake bot accounts. and vice versa.
Stand back and stand by.
nohero said:It's on?
If Elon Musk wanted to buy Twitter at the amount he agreed to, he'd wire $44 billion to Twitter.
If Elon Musk wanted to put the brakes on a court case that is not going well for him, he'd say that he's willing to pay the contracted price if the court case is halted without making any actual commitment to do so.
Elon Musk To Cut Twitter Staff To Single Devoted Hunchback Who Laughs Hysterically At All Of Boss’s Genius Tweets https://t.co/rQQiOfZd9V pic.twitter.com/zkswvov4Qk— The Onion (@TheOnion) October 24, 2022
Elon Musk To Cut Twitter Staff To Single Devoted Hunchback Who Laughs Hysterically At All Of Boss’s Genius Tweets https://t.co/rQQiOfZd9V pic.twitter.com/zkswvov4Qk
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