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Twitter confirms receiving Musk's buyout offer, says will close at original price
short by Ridham Gambhir / on Wednesday, 5 October, 2022
Twitter confirmed that it has received Tesla CEO Elon Musk's letter for the buyout deal and said it "intends to close the transaction at $54.20 per share", the same price he agreed to in April. Musk's lawyers added that they'll proceed with the agreement if Delaware Chancery Court will "adjourn the trial and other proceedings related to the ongoing lawsuit".
read more at ANI News