The deal is back on — Elon Musk intends to purchase Twitter and avoid trial

• Elon Musk and Twitter have been at odds over the proposed deal for the billionaire to purchase the social media platform.
• The two parties were set to go to trial over the deal, which Elon Musk was determined to back out of.
• Musk's legal team has now issued a letter stating that he intends to proceed with the deal.

In a sudden turn of events, Musk wants to go through with the purchase of the social network. The letter from the billionaire's legal team states that he will go ahead with the deal.

The letter states that Musk and his party intend to buy at the original offer price of $54.20 per share.

It calls for the Delaware Chancery Court to adjourn the trial and all other proceedings pending a further order of the court.

The Investor Relations account of the company has responded to Musk's offer to purchase the company.

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The Musk parties have filed a complaint with the SEC. The transaction will be closed at $54.20 per share.

It's definitely a surprising about-face for Musk, who has been less than happy with the reporting of bot on its platform. After Musk tried to back out of the deal, the two parties were going to go to court.

The former employee claimed that the company didn't care to address its security problems and that it had a number of issues. Musk was going to use the claims against the company.

The deal will go through now that the two companies have patched up their differences, thanks to the fact that the shareholders of the company have already voted in favor of it.