Twitter (TWTR) Says It Intends To Close The Musk Deal At $54.20/Share- Bloomberg

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Twitter (TWTR) Resumes Trading, Up 21%

October 4, 2022 3:40 PM EDT

Twitter (NYSE: TWTR) Resumes Trading, Up 21%

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Elon Musk confirms he intends to proceed to closing of Twitter (TWTR) transaction

October 4, 2022 3:09 PM EDT

(Updated - October 4, 2022 3:09 PM EDT)

Twitter (NYSE: TWTR) shareholder Elon Musk disclosed:

On October 3, 2022, the Reporting Persons advisors sent a letter to Twitter (on the Reporting Persons behalf) notifying Twitter that the Reporting Person intends 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 contemplated thereby, provided that the Delaware Chancery Court enter... More