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 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.

From talking big on free speech on Twitter to cancelling $44 billion deal: Musk-Twitter saga in 10 points

Musk has cancelled the Twitter deal, but Twitter doesn’t want to let go of Musk so easily. The billionaire and the social media platform will battle it out in court.

Musk backs down on Twitter buy-over deal

South African billionaire Elon Musk finally decided not to move forward with his plans to buy over Twitter and withdraw the US$ 44 billion he had once offered.

Takeover of Twitter: Elon Musk backs down

Musk no longer wants to buy the short message service — for flimsy reasons. The Twitter Board of Directors wants to go to court on the other hand.