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Tesla CEO Elon Musk on Tuesday proposed the completion of a deal to acquire Twitter, reversing a monthslong effort to terminate the agreement.
Musk — the richest person in the world, according to Forbes — put forward a proposal to Twitter that would complete the deal at Musk’s original offer price of $54.20 a share at a total cost of roughly $44 billion, a person familiar with the proposal .
Twitter filed a lawsuit against Musk in July over his effort to terminate an acquisition agreement.
