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Elon Musk has reversed course and is again proposing to buy Twitter for $54.20 a share, sources familiar with the matter said on Tuesday, according to CNBC. A deal Tesla CEO Elon Musk has offered to buy out Twitter for $54.20 a share in cash, valuing the social media platform at roughly $43 billion. In an April 13 letter to the Elon Musk is proposing to buy Twitter Inc. for the original offer price of US$54.20 a share, potentially avoiding a courtroom fight over one of the most contentious Elon Musk proposed buying the social-media company for $54.20 a share in cash, calling it his “best and final offer.” Elon Musk has offered to buy Twitter for $US54.20 per share to take the company private and “unlock” its potential as a platform for “free speech”. On Ap, Musk made an unsolicited and non-binding offer to Twitter to purchase the company for $43 billion, or $54.20 per share, and take it private. Though the offer was made to company management, the bid was described as ahostile takeoverattempt because of the implied threat to purchase the outstanding stock if management declined. The board responded that it would carefully review the proposal.

Elon Musk Proposes to Buy Twitter for $54.20 a Share: Deal Back On?

Is the Twitter saga finally coming to an end? Elon Musk has reversed course and is again proposing to buy Twitter for $54.20 a share, sources familiar with the matter said on Tuesday, according to CNBC. This revives the initial offer and throws the future of the social media giant into renewed uncertainty.

A deal Tesla CEO Elon Musk has offered to buy out Twitter for $54.20 a share in cash, valuing the social media platform at roughly $43 billion. This figure has been the center of much speculation and negotiation over the past several months.

Back in April, Elon Musk proposed buying the social-media company for $54.20 a share in cash, calling it his “best and final offer.” This aggressive move initially surprised many in the tech industry and on Wall Street.

According to reports, in an April 13 letter to Twitter's board, Elon Musk is proposing to buy Twitter Inc. for the original offer price of US$54.20 a share, potentially avoiding a courtroom fight over one of the most contentious deals in recent history. The threat of a protracted legal battle seemed to have motivated the renewed offer.

Elon Musk has offered to buy Twitter for $US54.20 per share to take the company private and “unlock” its potential as a platform for “free speech”. This vision for Twitter's future has been a key driver behind Musk's pursuit of the company.

On Ap[ril], Musk made an unsolicited and non-binding offer to Twitter to purchase the company for $43 billion, or $54.20 per share, and take it private. Though the offer was made to company management, the bid was described as a hostile takeover attempt because of the implied threat to purchase the outstanding stock if management declined. The board responded that it would carefully review the proposal, setting the stage for months of tumultuous events.

Now, with Musk seemingly back on board at the original price of $54.20 a share, the question remains: will Twitter accept? The world waits to see what unfolds next in this high-stakes acquisition saga.

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