It’s being reported now that Elon Musk has sent a letter to Twitter proposing that they proceed with his original offer to buy the company.
Via Bloomberg:
Elon Musk is proposing to buy Twitter Inc. for the original offer price of $54.20 a share, Bloomberg News reports.
Musk made the proposal in a letter to Twitter, according to people familiar with the matter, who asked not to be identified discussing confidential information. Shares in Twitter climbed as much as 18% on the news, after trading was briefly halted.
Wow. I thought he was headed in the other direction but now we are back to the original purchase offer?
I don’t know what happened, but I’m glad to see that Musk is again looking to complete the deal.
Because I really want him to own Twitter and to fix it. Seriously.