Elon Musk has offered to close his $44 billion deal to buy Twitter on the terms he originally agreed to, according to a person familiar with the matter, an unexpected twist that could allow the two sides to avert a high-stakes trial set to begin soon.
The billionaire’s lawyers communicated the proposal to Twitter’s lawyers overnight Monday and filed a letter confidentially with the Delaware Chancery Court ahead of an emergency hearing on the matter scheduled for Tuesday, the person said.
Source: finance.yahoo.com
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