Elon Musk's proposal to proceed with his Twitter bid for $54.20/share hinges on receiving debt financing and the end of all legal actions related to the deal (Axios)

Axios:
Elon Musk's proposal to proceed with his Twitter bid for $54.20/share hinges on receiving debt financing and the end of all legal actions related to the deal  —  Elon Musk has offered to proceed with a $44 billion buyout of Twitter, according to a letter his lawyer sent to Twitter's legal team that was submitted to regulators Tuesday.