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Elon Musk proposes to buy Twitter at full $44 billion price to avoid trial: source

From nypost.com

Elon Musk has proposed going through with his original deal to buy Twitter for a whopping $44 billion — a bid to avoid a court trial over the hotly contested agreement slated for later this month, sources told The Post. The billionaire Tesla CEO is in talks for a settlement to acquire the social network for $54.20 per share — the same price he agreed to in April before saying in July he was pulling out of the deal, according to sources close to the talks. Twitter shares spiked more than 13% to $48.13 immediately following an earlier report of the agreement by Bloomberg and were halted for pending news. Musk sent a ... (full story)

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