Elon Musk threatens to pull plug on Twitter deal ...News

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Elon Musk threatens to pull plug on Twitter deal
source : Russia Today ( News ) () 21
Tesla CEO may terminate his $44 billion buyout because the social media giant is withholding data on fake accounts Billionaire entrepreneur Elon Musk has warned Twitter’s board of directors that he may back out of a deal to buy the social media platform for $44 billion because the company hasn’t been forthcoming with information on fake and spam bot accounts. “This is a clear material breach of Twitter’s obligations under the merger agreement, and Mr. Musk reserves all rights resulting therefrom, including his right not to consummate the transaction and his right to terminate the merger agreement,” lawyers for the

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