This was reported by The Wall Street Journal on Tuesday, citing sources, Ukrinform reports.

“Elon Musk has proposed a $44 billion deal to acquire Twitter Inc. On terms he originally agreed to,” the message reads.

Billionaire lawyers are said to have announced their proposal to Twitter lawyers Monday and submitted a confidential letter to the Delaware Chancery Court.

The newspaper writes that if Twitter accepts the offer, the parties will avoid a five-day trial without a jury, scheduled to begin on October 17.

As reported, Musk has been trying to get out of the contract to buy Twitter Inc. Among the reasons, he cited, in particular, attempts by the company’s management to mislead about the number of users of the social network, due to the large number of bots. The conflict also arose against the background of the company’s millions of dollars in compensation to the company’s former chief of service and its lawyers, without Musk’s consent. The allegations from the billionaire were made by the company’s management in connection with the concealment of cases of violations of cybersecurity rules, including hacking of user accounts.

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