‘Overpaying’ Elon Musk on deadline to close Twitter deal
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Elon Musk looks set to meet a Friday deadline to seal his on-again, off-again deal to buy Twitter, avoiding a trial over the $44 billion contract that he admits is overpriced.
Elon Musk looks set to meet a Friday deadline to seal his on-again, off-again deal to buy Twitter, avoiding a trial over the $44 billion contract that he admits is overpriced. After he sought to terminate the sale, Twitter filed a lawsuit to hold Musk to the agreement he inked in April to purchase the social media giant. With a trial looming, the unpredictable billionaire capitulated and revived his takeover plan. Musk signaled the deal was on track Wednesday by changing his Twitter profile to "Chief Twit" and posting a video of himself walking into the company's California headquarters carrying a ...