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The Guardian - US
The Guardian - US
Technology
Dan Milmo and Kari Paul

Elon Musk to proceed with $44bn buyout of Twitter after U-turn

Elon Musk Twitter Inc. Tesla Inc.
Elon Musk
Elon Musk had been warned he had a slim chance of successfully walking away from the Twitter deal. Photograph: Susan Walsh/AP

Elon Musk has offered to complete his proposed $44bn (£38bn) acquisition of Twitter in a dramatic U-turn on his decision to walk away from the deal.

Lawyers for Musk confirmed in a court filing on Tuesday that the world’s richest man is prepared to push ahead with the transaction on the agreed terms following months of legal drama.

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