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Musk proposes to buy Twitter at the original price of $54.20 a share: Report
short by Pragya Swastik / on Tuesday, 4 October, 2022
The world's richest man and Tesla's CEO Elon Musk is proposing to buy Twitter at $54.20 a share, the original price he proposed for its acquisition, Bloomberg reported. Twitter shares jumped over 12% on the news, after trading was briefly halted. This comes ahead of Musk and Twitter set to enter the courtroom over Musk backing out of the deal.
read more at Reuters