Musk ditches Twitter deal, triggering defiant response ...Middle East

Daily Sun - News
Musk ditches Twitter deal, triggering defiant response
SAN FRANCISCO: Elon Musk on Friday pulled the plug on his $44 billion deal to buy Twitter, accusing the social media giant of “misleading” statements about the number of fake accounts, a regulatory filing showed.Musk's effort to terminate the deal that he inked in April sets the stage for an epic court battle over a billion-dollar breakup fee and more.“Mr. Musk hereby exercises (the) right to terminate the Merger Agreement and abandon the transaction,“ his lawyers said in a letter to Twitter, a copy of which was filed with the Securities and Exchange Commission.Musk’s change of heart appeared to suggest some “buyer’s remorse” for offering a price of $54.20 per share that now appears “laughab

Hence then, the article about musk ditches twitter deal triggering defiant response was published today ( ) and is available on Daily Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Musk ditches Twitter deal, triggering defiant response )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News