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Elon Musk looks set to purchase Twitter and take it private, months after trying to back out of the deal. Mr Musk revived his original offer of $44bn (£38bn) to purchase the company, which the tech platform has accepted. The billionaire made the offer of $54.20 a share in a letter to Twitter filed with the Securities and Exchange Commission on Monday. Twitter confirmed that it had received Mr Musk's renewed offer. "We received the letter from the Musk parties which they have filed with the SEC," a spokesperson said. "The intention of the company is to close the transaction at 54.20 dollars per share." Wall Street appeared thrilled with the development, with the news triggering such a swift increase in Twitter's stock price that the New York Stock Exchange had to pause trading twice. |
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| Mr Trump has routinely appealed cases which have presented legal jeopardy for him to the high court, which includes three justices he named to the bench during his term in the White House |
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| The continued advance comes as Putin signs a law formally annexing four Ukrainian regions into Russia |
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| Cross complaint was filed as part of their ongoing legal battle over a French winery they once owned |
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| Hans Niemann, 19, has previously admitted cheating twice in games when he was 12 and 16 |
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Will Musk turn Twitter into 'engine of radicalisation'? |
The news that Elon Musk has reprised his original $44bn offer to buy Twitter has sent shock waves through Silicon Valley, Wall Street and, of course, sparking plenty of discussion on the app itself. The most important audience for the move, Twitter Inc, met the announcement with little fanfare, merely confirming it had been received and describing how the "intention" of the social network is to go through with the deal. "We received the letter from the Musk parties which they have filed with the SEC [Securities and Exchange Commission]," Twitter said in a statement on Tuesday "The intention of the Company is to close the transaction at $54.20 per share." Mr Musk himself didn't exactly trumpet the takeover either, instead describing it as a means to accomplish the creation of something called "X", which he describes as an "everything app". "Buying Twitter is an accelerant to creating X, the everything app," Mr Musk tweeted after the buyout bid became public. |
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– American chess star Hans Niemann who has been accused of cheating by world champion Magnus Carlsen has likely done so in more than 100 games, a report has claimed. |
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"We've been like sisters all the years we've been in Nashville and she was a wonderful human being, wonderful talent, had millions of fans and I'm one of them. I miss her dearly as we all will. May she rest in peace." |
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