Elon Musk's flip-flop, who again offers to buy Twitter

Elon Musk has again changed his mind: the boss of Tesla finally offered Twitter to buy the social network at the price agreed in April, two weeks before the trial scheduled between the two parties on this eventful acquisition.

The businessman "intends to conclude the transaction envisaged by the takeover agreement of April 25, 2022", according to the terms provided, wrote his lawyers in a letter addressed to the Californian group on Monday, and filed Tuesday with the American stock market policeman , the SEC.

The only condition expressed in the letter: the end of the legal proceedings in progress before the specialized court of Delaware.

The title of Twitter took more than 22% at the close of the New York Stock Exchange, after having been suspended all afternoon "pending information", after an article by the Bloomberg agency which revealed this rebound.

Elon Musk had offered in the spring to acquire the platform for 54.20 dollars per share, thus valuing it at 44 billion dollars. The board of directors, very reluctant at first, ended up accepting.

But the whimsical entrepreneur unilaterally returned to this agreement in July. Twitter had then launched lawsuits to force him to honor his commitment, and everything indicated that he was well positioned to win.

On Tuesday, the group confirmed in a brief statement "to have received the letter" and to have the intention "to conclude this transaction" at the defined price.

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