Text: Original by Dongchedi Li Dezhe [Original by Dongchedi Industry] According to CNN, Musk recently wrote a letter to Twitter, proposing to complete the acquisition at the initial agreed price of $54.20 per share. In the letter, Musk said that the acquisition would be completed

2025/05/0201:50:35 finance 1565

text: Original by Dongchedi Li Dezhe

[Original by Dongchedi Industry] According to CNN, Musk recently wrote a letter to Twitter, proposing to complete the acquisition at the initial agreed price of US$54.20 per share. In the letter, Musk said that the acquisition would be completed as originally agreed, provided that the court suspended the proceedings against Musk's initial attempt to withdraw from the deal and postponed the upcoming trial.

Musk's acquisition of Twitter "twist"

Dochedi has previously reported that the transaction may be reached as early as Friday (October 7) local time. After the document was released, Twitter's stock price also rose sharply, with an increase of more than 22% as of the closing of the day. At the same time, Musk also said on social media that the acquisition of Twitter is a catalyst for creating the "X" of the full-featured App (the everything app). At the same time, he also pointed out that the acquisition of Twitter might have advanced the "X" by three to five years, but "I may be wrong."

000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 However, by July 2022, Musk suddenly wrote to the Twitter board of directors, stating that he would terminate the full acquisition of Twitter. Twitter then sued Musk in the Delaware Commercial Court, and the lawsuit between the two parties lasted for more than two months.

Latest news shows that Musk's lawyer said that Twitter refused Musk's acquisition at the original price of $44 billion. Whether the plan can be carried out depends on whether Musk can obtain debt financing and whether the court will immediately suspend the case. Twitter hopes to advance the trial originally scheduled for October 17 to reduce the risk of failure of mergers and acquisitions. It is also understood that Twitter said that the bank said Musk has not sent them a loan notice.

Musk's lawyer said that Twitter company refused to Musk to acquire

Regarding Musk's acquisition of Twitter, the Emperor of Dongche will continue to pay attention.

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