Twitter has agreed – once again – to Elon Musk’s proposal to buy the company for $54.20 per share. In a statement, Twitter confirmed that it had received Musk’s letter that “the company’s intention is to complete the transaction at $54.20 per share.” The agreement follows months of legal drama after Musk attempted to back out of his original agreement to buy the company for $44 billion this spring.
The two sides were due to appear in court later this month. But Musk abruptly reversed course on Tuesday, telling Twitter he would proceed with the original terms of the deal. In the letter filed with the SEC, Musk’s attorneys say they will proceed with the agreement reached in April if the Delaware Chancery Court adjourns “the trial and all other proceedings related” to the ongoing court proceeding.
It’s not yet clear when the acquisition might actually close. Twitter shareholders have already voted to approve the deal, but both sides must now await a response from the Delaware Chancery Court. The next question: What is Musk doing with Twitter?
– Mat Smith
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We stood in line behind tens of thousands of other people.
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But without Leica branding.
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A man was arrested for a Facebook page that parodied his local police department.
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And several new Witcher games.
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James Trew’s mission for a mouse had several requirements. At the top of the list: ergonomics. The Magic Mouse is… good, but a little reserved for its palm style. Given that a gross repetitive strain injury (RSI) was exclusively in his mouse arm, this was crucial. As well as a reasonable level of configurability. So of course he tested 11 mice.
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https://www.engadget.com/the-morning-after-twitter-says-it-will-close-deal-with-elon-musk-again-111501200.html?src=rss The Morning After: Twitter says it will close deal with Elon Musk, again