Musk’s deal for Twitter looks set to go with original $44B price tag

From cointelegraph.com

In an unexpected u-turn, Tesla CEO and billionaire Elon Musk looks set to complete his $44 billion acquisition of Twitter, alleged spam bots, fake accounts and all. According to the notice filed by Musk’s lawyers with the Delaware Chancery Court on Monday, which was overseeing the trial, Musk is ready to “proceed to closing of the transaction contemplated by the April 25, 2022 Merger Agreement.” It follows several months of legal drama with the social media platform where Musk tried to back out of the deal, citing Twitter’s lack of transparency around spam bots, fake accounts and the financial health of the ... (full story)