Oct 7, 2022

Elon Musk: Twitter won't 'take yes for an answer'

Billionaire Elon Musk has said he aims to complete his purchase of Twitter by the end of the month, but the company "Will not take yes for an answer". Twitter had sued Mr Musk to force him to go ahead with the acquisition. The move comes just days after Mr Musk sent a letter to Twitter saying he would proceed with the takeover as originally planned, pending receipt of the financing and an end to the legal battle. "Yet, Twitter will not take yes for an answer. Astonishingly they have insisted on proceeding with this litigation, recklessly putting the deal at risk and gambling with their stockholders interests." Mr Musk announced a plan to buy Twitter for $54.20 per share in April.

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