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Elon Musk agrees to buy Twitter

Big day for Twitter shareholders—Elon Musk's actually buying Twitter at $54.20.

Twitter shares surge 22% after Elon Musk revives deal to buy company at original price

Tesla CEO Elon Musk changed course and agreed to buy Twitter for the agreed upon price, according to a filing on Tuesday.

The social media company issued a statement saying it had received the letter and said, "The intention of the Company is to close the transaction at $54.20 per share."

Source: CNBC

Wonder what made him change his mind.