Elon Musk needs to personal Twitter in any case. The Tesla CEO has determined he needs to go forward with the deal he initially struck to purchase the social media firm for $54.20 a share, Bloomberg reports.
News of the proposal comes lower than weeks earlier than the 2 sides have been set to go to trial in Delaware’s Court of Chancery over Musk’s try and get out of that deal. He has cited issues in regards to the variety of spam and bot accounts on Twitter, and later added allegations from the corporate’s former head of safety turned whistleblower to his swimsuit.
Twitter didn’t instantly reply to a request for remark. But CNBC reported that buying and selling of Twitter’s shares was halted following the report.
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