Twitter says Elon Musk under federal investigation over takeover bid ...Middle East

The Hill - Technology
Twitter says Elon Musk under federal investigation over takeover bid
source : The Hill ( Middle East ) () 174
Twitter wrote in a court filing unsealed on Thursday that Tesla CEO Elon Musk is under federal investigation for his conduct in a takeover bid for Twitter announced earlier this year. Musk said in April that he would purchase ownership of Twitter for $44 billion before reversing his decision three months later, prompting a lawsuit from the social media giant to force him to close the deal. Attorneys for Twitter wrote that Musk’s lawyers claimed “investigative privilege” to avoid turning over documents related to the lawsuit, according to Reuters. “This game of ‘hide the ball’ must end,” the attorneys wrote in the Oct. 6 filing, condemning Musk’s refusal to hand over certain records

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