Elon Musk says he’s terminating $44B Twitter buyout deal

Elon Musk Backs Out of $44B Deal to Buy Twitter

The current agreement includes a one billion dollar "reverse termination fee" that Musk may have to pay.

Twitter 'lawyers up to sue Musk' over broken buyout deal

(FOX NEWS) -- Twitter has retained the services of a heavyweight merger law firm to sue Tesla CEO Elon Musk for moving to drop his $44 billion takeover of the company, according to a report.The company has hired Wachtell, Lipton, Rosen & Katz LLP to represent it in a forthcoming suit, Bloomberg reported Sunday. Bloomberg cited sources who declined to be identified due to the private nature of the matter.A law firm representing the Tesla CEO sent…

Elon Musk terminates $44 billion Twitter deal

Tesla Inc Chief Executive Officer Elon Musk said on Friday he was terminating his $44 billion deal for Twitter, saying that the social media company had failed to provide information about fake accounts on the platform. Emma Jehle reports.

Elon Musk pulls the plug on $44 billion deal to buy Twitter

Twitter board chair Bret Taylor vowed to sue Musk to hold him to the terms of the buyout deal.

Elon Musk terminates $44 billion Twitter deal

Tesla Inc Chief Executive Officer Elon Musk said on Friday he was terminating his $44 billion deal for Twitter, saying that the social media company had failed to provide information about fake accounts on the platform. Emma Jehle reports.

Elon Musk pulls out of $44bn deal to buy Twitter

Twitter says it plans to pursue legal action to enforce the agreement.