Elon Musk sent a letter to Twitter with an offer to restart the move to Twitter for $44 billion.
Immediately after this news, the company’s shares rose by 15% to $49.7 per share. Twitter then suspended trading.
Initially, Musk wanted to buy Twitter for $44 billion, but then changed his mind due to the need to discover information about social media bots. Against this background, the company sued him, and he filed a counterclaim. The trial is due to begin on October 17th.
Elon Musk Offers to Complete Twitter Acquisition Deal
Billionaire Elon Musk has once again reversed course in the ongoing Twitter acquisition saga by emailing Twitter today offering to buy…
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Source: Iphones RU
