It looks like the deal might finally go through. From The New York Post : Elon Musk has proposed going through with his original deal to buy Twitter for a whopping $44 billion, sources told The Post.
The billionaire Tesla CEO is in talks for a settlement to acquire the site for $54.20 per share — the same price he agreed to earlier this year before saying he was pulling out of the deal, according to sources close to the talks.
Twitter shares spiked more than 13% to $48.13 immediately following an earlier report of the agreement by Bloomberg and were halted for pending news. Musk may be biting the bullet and going through with the original deal for the original price.
We will keep you updated as more news comes out.
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