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The Independent UK
The Independent UK
National
The Associated Press

Report: Musk proposes to proceed with Twitter takeover

Twitter Inc. Elon Musk
(c) dpa-Zentralbild POOL

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.

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