Elon Musk informs Twitter that he is ready to buy the social media giant at the agreed $44 billion dollar

October 4, 2022

Twitter on Tuesday showed its willingness for Telsa CEO Elon Musk to acquire the social network for $44 billion, as they had previously agreed.

"The company's intention is to close the transaction for $54.20 a share," Twitter wrote in reaction to a Musk proposal that was sent hours earlier to the company and to the US Securities and Exchange Commission ( SEC ).

Musk had been trying for months to back out of his Twitter acquisition deal, signed in April. Soon after, he began to show signs of buyer's remorse, claiming that Twitter had . . .

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