Musk has offered to push through with his buyout of Twitter at the original agreed price, reports said Tuesday, prompting a surge in the share price of the social network that triggered a suspension of trading. — AFP
SAN FRANCISCO: Elon Musk on Oct 4 offered to push through with his buyout of Twitter at the original agreed price, as a trial over his efforts to withdraw from the deal loomed.
The world’s richest man said in a filing with the Securities and Exchange Commission that he sent Twitter a letter vowing to honor the contract.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
