In major reversal, Elon Musk again proposes buying Twitter at full price ...Egypt

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In major reversal, Elon Musk again proposes buying Twitter at full price
source : EGYPT INDEPENDENT ( Egypt ) () 22
New York CNN  —  Elon Musk on Monday sent a letter to Twitter proposing to follow through with his deal to buy the company at the originally agreed upon price of $54.20 per share, according to a securities filing on Tuesday. In the letter, Musk said he would proceed with the acquisition on the original terms, pending receipt of the debt financing for the deal and provided that the Delaware Chancery Court stay the litigation proceedings over Musk’s initial attempt to pull out of the deal and adjourn the upcoming trial over the dispute. A Twitter spokesperson said in a statement to CNN that the company received Musk’s letter and reiterated its previous statement that the “intention of the C

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