Technology

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Elon Musk to proceed with $44 billion purchase of Twitter

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Elon Musk sent a letter to Twitter Inc. on Monday seeking to revive his bid for the company at the original offer price of $54.20 a share, provided that the Delaware Chancery Court “enter an immediate stay” of Twitter’s lawsuit against him and adjourn the trial scheduled to begin in two weeks, according to a filing with the Securities and Exchange Commission (SEC).

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