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Manchester Evening News
Manchester Evening News
World
Chris Slater

Elon Musk deal to buy Twitter back on social media giant announces

Elon Musk Twitter Inc. Tesla Inc.

A deal for the billionaire Elon Musk to buy Twitter is back on it has been announced - just weeks before a court case over his first bid for the company earlier this year was due to begin.

The s ocial media giant said in a statement tonight that Mr Musk had offered to purchase the company for 54.20 dollars (£47.23) per share, the same price he previously put forward.

Mr Musk made the proposal in a letter to Twitter on Monday, according to a filing with the US Securities and Exchange Commission.

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