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Musk Revives $44 Billion Twitter Bid, Aiming to Avoid Trial

Jef Feeley by Jef Feeley
October 4, 2022
in Business
0


In the letter, Musk’s attorneys wrote that the billionaire and his supporters “intend to proceed to closing of the transaction contemplated by the April 25, 2022, merger agreement, on the terms and subject to the conditions set forth therein and pending receipt of the proceeds of the debt financing,” according to the filing, provided the court “enter an immediate stay of the action.”





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