Billionaire Elon Musk Makes U-turn, Offers To Honour Original Agreement To Buy Twitter For $44 BillionThe billionaire said he is now willing to proceed with his original plan to buy the social media platform.
The SEC filing says Musk sent a letter to Twitter on Monday, notifying the company of his intent to proceed with the transaction agreed upon on April 25, the day the deal was publicly announced.Twitter, which had sued Mr Musk to force the takeover to move forward, was seen as having the better case. A deal could happen as soon as Friday, sources told CNBC. The stock was halted earlier in the day after Bloomberg first reported on the Tesla CEO’s plans to go forth with his deal to acquire the company.
Musk alleged that Twitter was misstating the number of “bots” on its service as one of the reasons he was reneging on the deal. He and his lawyers claimed the social media company was misleading investors by providing false numbers in corporate filings with the Securities and Exchange Commission.
Source: News Formal (newsformal.com)
What fools don't understand they scoff at. Only the wealth can make huge and prompt decision at will. I admire his will to explore.
But wait oo to buy something nah by force ? I taught he doesn’t want to buy again
Ok
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nigerian Hunter’s Son Shoots Brother Dead While Testing Bulletproof Charm Bought By Their Father | Sahara ReportersAbubakar Abubakar, a hunter's son in Kwara State has killed his younger brother Yusuf Abubakar while testing the efficacy of a bulletproof charm bought by their father. The incident happened Sunday in Dutse Gogo town in Kaiama, the centre of the Kaiama local government area Kwara. The hunter had just acquired the ‘protective’ charm. Before utilising the charm, he wanted to test it on his sons to test its efficacy. Ewe ti sunko Aboki and mumu are 5 &6. Wahala
Source: SaharaReporters - 🏆 9. / 63 Read more »
Nigerians Should Desist From Fuel Panic Buying – Marketers, IPMAN Says Amid Scarcity Scare | Sahara ReportersThe Independent Petroleum Marketers Association of Nigeria (IPMAN) on Tuesday said there were enough products on ground for sale. IPMAN’s Public Relations Officer, PRO, Alhaji Suleiman Yakubu who urged Abuja residents to desist from panic buying of fuel, made this known during interview with the News Agency of Nigeria (NAN) in reaction to the reappearance of queues at some fueling stations in the Federal Capital Territory. He described the panic purchase and long queues as unnecessary. Nigerians prepare, another fuel crisis is loading 😭
Source: SaharaReporters - 🏆 9. / 63 Read more »
Labour Party Rejects APC Defector In Edo Accused Of Paying Millions Of Naira To ‘Buy’ House Of Reps Ticket From National Chairman, Declares Support For Original Winner Of Primary | Sahara Reporters“The house also unanimously called on the national authority of the party and the state executive of the party to urgently do the needful and reinstate Hon. Murphy P. Imasuen as the rightful candidate representing Orhionmwon/Uhunmwonde Federal Constituency in the interest of the goodwill of the party as failure to do so will amount to unlawful imposition and subversion of the collective will of the people of the constituency, which will be fully resisted. Nice one There are no room for corrupt politicians in LP ✍️ How it should be.
Source: SaharaReporters - 🏆 9. / 63 Read more »
Nigerian Government Shouldn’t Chase Shadows; University Lecturers, ASUU Didn’t Commit Contempt Of Court – Falana | Sahara ReportersRenowned human rights lawyer and Senior Advocate of Nigeria (SAN), Femi Falana, has said the refusal of the Academic Staff Union of Universities to call off its industrial action isn’t a contempt of court as being speculated by the Nigerian government. Activities in public universities have been grounded for seven months due to an ongoing strike by the lecturers. ASUU: the educational bandits. A govt that never obey court orders, not even UN court order, sure is pained, when people reciprocate there actions... govt of do as I say, not as I do.. 🤡🤡🤡🤡🤡 I can't believe Nigerians allowed this terrorist 🤡🤡 to stay, 8yrs in govt with zero productivity.. something is definitely wrong with us!!
Source: SaharaReporters - 🏆 9. / 63 Read more »
Catholic Enugu Diocese Backtracks, Says Father Mbaka Not Removed From Adoration Ministry | Sahara ReportersThe Catholic Diocese of Enugu has broken silence on the controversy surrounding the reported removal of the spiritual director of the Adoration Ministry Enugu Nigeria (AMEN), Rev Fr Ejike Mbaka. The diocese noted that Mbaka was never removed, contrary to reports in various quarters. The Director of Communications, Enugu Diocese, Benjamin Achi, gave the explanation in a statement issued on Monday evening, titled 'Fr. Mbaka: The True Position.' Achi categorically stated that Fr. Mbaka was not removed from the Adoration Ministry, as many reports were suggesting. Whatever Mbaka did to Enugu Diocese is holding them tight.
Source: SaharaReporters - 🏆 9. / 63 Read more »
Some Nigerian Presidential Candidates Only Wasting Their Time – Father Mbaka Speaks On 2023 Elections | Sahara ReportersThe founder of the Adoration Ministry Enugu, Nigeria (AMEN), Rev. Fr. Ejike Mbaka, has spoken about the 2023 general elections, describing some of the contestants as wasting their time. SaharaReporters gathered that Mbaka stated this on Sunday, during his first Holy Mass at the Adoration Chaplaincy after three months suspension due to his utterances and politics-related preaching. I know you are referring to Peter Obi 😀 and You”re Right 😂 Lol, He done start, now now them open him church, continue. OBIDATTI is coming! No shi shi for you!
Source: SaharaReporters - 🏆 9. / 63 Read more »