from Hacker News

Musk said to propose to Twitter to proceed with deal at $54.20, shares halted

by fooey on 10/4/22, 4:12 PM with 7 comments

  • by fooey on 10/4/22, 4:28 PM

  • by minimaxir on 10/4/22, 4:20 PM

    "Why?" is probably the best response to this news, since Elon Musk was admant about seeing this through.

    He was scheduled for a deposition this Thursday/Friday which might have been related to this sudden announcement: https://news.bloomberglaw.com/securities-law/musk-to-be-depo...

  • by jqpabc123 on 10/4/22, 4:39 PM

    In other words, Musk has issued an open invitation to stop the existing lawsuit and go back to negotiating.

    He has already proven that any offer he makes is really just another negotiating tactic.

    Musk is working real hard to be the new Trump --- his word is his bond --- in Bizarro World.