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Elon Musk Agrees to Move Forward with $44 Billion Deal to Buy Twitter

The back and forth between Tesla CEO Elon Musk and Twitter appears to be coming to an end. Musk originally agreed to buy Twitter for $44 billion back in April, but then wanted to pull out of the deal when he said the company wasn’t providing enough information about bots. After Twitter filed a lawsuit to try and compel Musk to honor his agreement, and weeks before the trial would begin, Musk acquiesced Tuesday and agreed to move forward with the deal to buy Twitter for the original price.

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Elon Musk Agrees to Move Forward with $44 Billion Deal to Buy Twitter
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3 stories in this Storyboard

    Musk Reverses Course, Agrees To Original Price for Twitter

    Amid the specter of a contentious trial, Musk on Tuesday agreed to move forward with buying Twitter. Twitter and Musk had been set to begin a trial Oct. 17.

    Elon Musk offers to buy Twitter for original price, weeks before trial

    Elon Musk offers to buy Twitter for original price, weeks before trial

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    The Washington Post - By Faiz Siddiqui, Elizabeth Dwoskin, Rachel Lerman

    Elon Musk has offered to proceed with a deal to buy Twitter at the price he proposed months ago before trying to call it off, according to a legal filing, a stunning development weeks before the two sides were due to face off in a trial. In a letter that Musk’s side sent to Twitter overnight, he …

    Elon Musk Twitter deal back on in surprise U-turn

    Elon Musk Twitter deal back on in surprise U-turn

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    BBC News

    Billionaire Elon Musk has apparently changed his mind about buying Twitter, again, and is now willing to proceed with his takeover of the social media platform. In a letter to the firm, Mr Musk agreed to pay the price he offered months ago before trying to quit the deal. The surprise reversal comes …

    When Could Elon Musk Own Twitter?

    CNBC's David Faber says Musk, following his letter of intent to buy Twitter at $54.20 a share, may own the company by as early as Friday. Twitter responded to Musk’s letter Tuesday afternoon and agreed to move forward with the deal.

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