Elon Musk Renews Plans to Buy Twitter for Originally Agreed Price
Elon Musk Renews Plans to Buy Twitter for Originally Agreed Price
Https://cb.run/aNT7 Elon Musk Renews Plans to Buy Twitter for Originally Agreed PriceIn yet another reversal, Tesla and SpaceX CEO Elon Musk has again agreed to buy Twitter for $54.20 per share β as was initially planned.
Twitter shares climbed 18% in value after the news dropped, following a brief pause in trading.
As reported by Bloomberg, people familiar with the matter claimed that Musk renewed his offer in a letter to Twitter.
They asked not to be identified, as they were discussing confidential information.
Musk initially offered to buy Twitter for $54.20 per share β or roughly $44 billion β back in April.
He cited a desire to make Twitter a...