World

Musk Revives $44 Billion Twitter Bid

Billionaire Elon Musk has apparently changed his mind about buying Twitter, again, and is now willing to proceed with his takeover of the social media platform.

In a letter to the firm, Mr Musk agreed to pay the price he offered months ago before trying to quit the deal.

In the letter, attorneys for Mr Musk said he intended to move ahead to complete the transaction, pending receipt of the financing and an end of the legal fight.

 

A spokesperson for Twitter acknowledged the firm had received the proposal, adding “the intention of the company is to close the transaction at $54.20 per share” – the price that Mr Musk promised in April.

 

 

R

Leave a Comment

Recent Posts

Tunisia-Barely released from 17 years in prison, individual arrested for trafficking cocaine in nightclubs

Security units under the Marsa Judicial Police arrested a person who had barely been released…

1 heure ago

Tunisia-Kairouan:Individuals set fire to cart and horse!

Unknown individuals set fire to a cart and a horse yesterday, Wednesday, May 7, in…

2 heures ago

Tunisia-Bouderbala: Tunisia treated sub-Saharan migrants in accordance with humanitarian law

Speaking yesterday Tuesday about the migration crisis, House Speaker Brahim Bouderbala stated the Tunisian state has…

2 heures ago

Tunisia-Nabeul: Arrest of more than 100 wanted individuals in just 6 hours

As part of the fight against crime, security units reporting to the national district of…

2 heures ago

UK expels Russian military attache

British Home Secretary James Cleverly told the parliament on Wednesday that his department decided to…

2 heures ago

Qatar warns of genocide in Rafah

The Qatari government warned on Wednesday against an Israeli offensive in Rafah in southern Gaza.…

2 heures ago

This website uses cookies.