Published 2 years ago

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

Summary by Ground News

Twitter did not immediately respond to a message for comment. It is not entirely clear whether Twitter's board will accept the $1 billion breakup fee or if there will be a court battle over the deal. The possible unraveling of the deal is just the latest twist in a saga between the world's richest man and one of the most influential social media platforms.

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Times of India

Elon Musk terminates $44-billion Twitter deal

In a filing to US Securities and Exchange Commission (SEC), Musk's lawyers said Twitter had failed or refused to respond to multiple requests for information on fake or spam accounts on the platform.

2 years ago·India

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BBC News

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

Twitter says it is committed to the deal and will take legal action to enforce the agreement.

2 years ago·United Kingdom

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News18 India

Elon Musk Seeks to Pull Out of $44-Billion Twitter Deal: A Timeline of Major Events

Elon Musk Seeks to Pull Out of $44 Billion Twitter Deal: A Timeline of Major Events; The Twitter-Elon Musk break up is likely to result in a legal battle between the San Francisco-based company and the world's richest billionaire

2 years ago·India

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CTV News

Elon Musk says he's terminating Twitter deal, board to fight

Elon Musk announced Friday that he will abandon his tumultuous US$44 billion offer to buy Twitter after the company failed to provide enough information about the number of fake accounts. Twitter immediately fired back, saying it would sue the Tesla CEO to uphold the deal.

2 years ago·Canada

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The Independent

Elon Musk kills Twitter deal

Elon Musk is looking to pull out of his attempt to buy Twitter, citing multiple problems with the $44bn deal.

2 years ago·London, United Kingdom

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NDTV

Elon Musk Pulls Out Of $44 Billion Twitter Deal

Tesla Chief Executive Officer Elon Musk said on Friday he was terminating his $44 billion deal for Twitter Inc, citing material breach of multiple provisions of the agreement.

2 years ago·New Delhi, India

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