Elon Musk proposes to close the transaction on Twitter with the original terms


Cara Lombardo and Dana Cimilluca

Elon Musk offered to end the acquisition Twitter on the terms he had initially agreed to, according to a person familiar with the matter, a comedy of surprise and surprise for billionaire businessman can end a the months-long battle he waged to get out of the $44 billion deal.

Musk’s attorney notified Twitter’s attorneys of the proposal Monday night and filed a confidential letter with the Delaware Chancery Court ahead of an emergency hearing on the matter on Tuesday, the person said. know.

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