Major day for Twitter shareholders, Elon Musk agrees to purchase Twitter at the premium price of $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
I wonder what changed his mind.