Elon Musk Reaches Final Agreement In Twitter Acquisition Deal

Elon Musk appears to be giving Twitter everything they want.

The 51-year-old billionaire reportedly agreed to move forward with his plans to purchase the social media platform for the previously agreed-upon price of $44 billion.

According to Variety, newly filed paperwork suggests that Elon will pay $54.20 per each stock of Twitter. His legal team wrote the platform to formalize the deal, too.

Click inside to find out what Elon Musk’s team had to say…

His legal team wrote that Elon “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.”

Elon‘s moves to acquire the company have shifted repeatedly since Twitter first agreed to his offer in April 2022.

The following month, he put the offer on hold. In July, Elon said he planned to terminate the deal; Twitter responded in turn by suing him. The company also blamed Elon for a drop in their earnings.

While you’re here, find out the one person that Elon previously expressed interest in allowing back onto Twitter.