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Spotlight

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Spotlight

Elon Musk Surprised U-Turn on Twitter Deal

Billionaire Elon Musk appears to have changed his mind about purchasing Twitter again again, and is now ready to proceed with his acquisition of the social media network.

Twitter Deal

Spotlight

Elon Musk Surprised U-Turn on Twitter Deal

Mr Musk agreed to pay the fee he proposed months ago in a letter to the company before attempting to back out of the contract.

Twitter Deal

Spotlight

Elon Musk Surprised U-Turn on Twitter Deal

Twitter said it had received the letter and intends to finalize the purchase at the $54.20 per share price promised by Musk in April.

Spotlight

Elon Musk Surprised U-Turn on Twitter Deal

The two sides sparred in lengthy court filings, private messages, and bitter public spats on Twitter in the fight, which was set to go to trial on October 17.

Twitter Deal