Elon Musk has proposed to buy Twitter for his original $44billion offer, in the latest twist to the saga over ownership of the social media giant.
Musk sent a surprise letter to Twitter on Monday, stating he would move forward with acquiring the company if a lawsuit over the matter stops, according to a filing with the Securities and Exchange Commission.
The world’s richest man signed a contract to acquire Twitter in April, but had been trying to get out of it for months. The parties wound up in court.
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