Deal back on? Elon Musk gets closer to buying Twitter

Posted Wednesday, October 5, 2022 10:34 am

Tom Krisher, Matt O'Brien, Randall Chase and Barbara Ortutay | The Associated Press

The tumultuous saga of Elon Musk’s on-again off-again purchase of Twitter took a turn toward a conclusion Tuesday after the mercurial Tesla CEO proposed to buy the company at the originally agreed-on price of $44 billion.

Musk made the surprising turnaround not on Twitter, as has been his custom, but in a letter to Twitter that the company disclosed in a filing Tuesday with the U.S. Securities and Exchange Commission. It came less than two weeks before a trial between the two parties is scheduled to start in Delaware.

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Deal back on? Elon Musk gets closer to buying Twitter

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