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Elon Musk proposes to close $44bn offer to buy Twitter
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fnlondon.comElon Musk has offered to close his $44bn deal to buy Twitter 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 on 3 October and filed a letter confidentially with the Delaware Chancery Court ahead of an emergency hearing on the matter scheduled for 4 October, the person said.
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