Elon Musk Says He Intends to Move Forward with $44B Twitter Deal

Billionaire Elon Musk has changed his mind about buying Twitter yet again. Musk’s lawyer Mike Ringler sent a letter to Twitter on Monday, stating that the billionaire intends to move forward with purchasing the company for the original offer price of $54.20 per share. Musk tried to back out of the $44 billion deal, prompting Twitter to sue the billionaire in July to enforce the deal. 

Seeing as this Twitter/Musk beef was about to go to trial, it makes sense that Musk would want to purchase the company again as he most likely would’ve lost in court.

RELATED: Musk: On second — er, third — thought, I’ll buy Twitter

Categories: Elon Musk, Twitter

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