'Overpaying' Musk on deadline to close Twitter deal

The billionaire entrepreneur pursued the deal "because it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner, without resorting to violence," Musk tweeted on the eve of a court-imposed deadline to finalize the USD 44 billion acquisition.

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(FILES) In this file photo illustration taken on April 14, 2022 a phone screen displays the Twitter account of Elon Musk with a photo of him shown in the background, in Washington, DC. Musk said on october 27, 2022, he is acquiring Twitter to enable "healthy" debate on a wide range of ideas and counter a trend in which social media splinters into partisan "echo chambers." -- Photo: OLIVIER DOULIERY/AFP

2022-10-27 19:48:28

The billionaire entrepreneur pursued the deal "because it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner, without resorting to violence," Musk tweeted on the eve of a court-imposed deadline to finalize the USD 44 billion acquisition.

Elon Musk looks set to meet a Friday deadline to seal his on-again, off-again deal to buy Twitter, avoiding a trial over the USD 44 billion contract that he admits is overpriced.

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