Twitter Soars After Musk Agrees To Close Acqusition At Original Price 

Zero Hedge

By Tyler Durden – October 4, 2022

Update: Here is the long-awaited letter (filed as a 13D) from Musk’s lawyers at Skadden to Twitter’s lawyer at Simpson Thatcher, confirming Musk’s willingness to consummate the deal at its original stated terms, with just one potential out: the offer is pending receipt of debt financing proceeds (as well as the trial being adjourned). And so we are right back where we started in April, less some $50 million in legal fees.

Read more…