Elon Musk is proposing to buy Twitter for the original offer price of $54.20 a share: Report


After months of dillydallying and court cases, Tesla boss Elon Musk has agreed to buy Twitter Inc. for the original offer price of $54.20 a share, totalling $44 billion according to a Bloomberg report.

The report stated that Musk made the proposal in a letter to Twitter. Immediately after the report came out, Twitter was halted for volatility in the market for jumping 6.7 per cent. 

(This is a developing story. More updates to follow)





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