Elon Musk has offered to buy Twitter for a second time this year, the social media site has confirmed. In a statement, Twitter said it planned to agree to the offer at $54.20 (£47.23) per share.
The $54.20 price is the same price Mr Musk had previously put forward. The deal would value the company at $44billion (£38.3bn).
A spokesperson for Twitter said: “We received the letter from the Musk parties which they have filed with the SEC. The intention of the company is to close the transaction at 54.20 dollars per share.”
