BREAKING: Elon Musk ‘Terminating’ Deal To Buy Twitter—Platform Plans Legal Action
Elon Musk informed Twitter Friday he is"terminating" his $44 billion deal to buy the platform, according to a Securities and Exchange Commission
Musk and Twitter both agreed in April that if a party chose to withdraw from the deal, that party would have to pay a fine of $1 billion.
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Elon Musk terminating $44 billion deal to buy Twitter; board says it will pursue legal actionMusk claimed in a regulatory filing Friday evening that he is ending the deal because Twitter is 'in material breach of multiple provisions' of the original agreement, which was signed in April.
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Elon Musk ‘Terminating’ Deal To Buy Twitter—Platform Plans Legal ActionJUST IN: Twitter plots legal response after Elon Musk says he's terminating takeover plan
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Elon Musk Says He is Terminating Twitter DealThe tech entrepreneur says he is terminating his agreement to buy Twitter Inc. because the company “is in material breach of multiple provisions of that agreement.”
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Elon Musk informs Twitter he is terminating proposed $44B acquisition, SEC saysIs Elon Musk over Twitter?
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