Elon Musk Proposes Closing Twitter Deal on Original Terms – WSJ

Elon Musk has offered to close his $44 billion deal to buy Twitter Inc. on the terms he originally agreed to, according to a person familiar with the matter, an unexpected twist that could allow the two sides to avert a high-stakes trial set to begin soon.

The billionaire’s lawyers communicated the proposal to Twitter’s lawyers overnight Monday and filed a letter confidentially with the Delaware Chancery Court ahead of an emergency hearing on the matter scheduled for Tuesday, the person said.

Source: Elon Musk Proposes Closing Twitter Deal on Original Terms – WSJ