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EXPLAINER: Is Elon Musk's deal to buy Twitter falling apart?

Summary by Ground News

Elon Musk signed an agreement with Twitter to buy the company for $44 billion and take it private in April. But as the weeks have passed, Musk has increasingly signaled discomfort with it, suggesting that he wants to negotiate a cheaper price or even to walk away entirely. Twitter is standing firm on Musks agreed price of $54.20 per share but since early May, the stock has fallen more than 25% below that figure.

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WKMG

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Q&A: Is Elon Musk’s deal to buy Twitter falling apart?

Elon Musk on Monday threatened to walk away from his $44 billion bid to buy Twitter, the latest sign that his plan to overhaul the social media platform may really be starting to fray.

3 years ago·Orlando, United States

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News18 India

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NEWS18 EXPLAINS: Is Elon Musk's Deal to Buy Twitter Falling Apart?

Lawyers for the Tesla and SpaceX CEO made a threat to walk away from his bid to buy in a letter to Twitter accusing the company of refusing to give him information about "spam bot" accounts

3 years ago·India

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Outlook India

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Explained: Is Elon Musk's Deal To Buy Twitter Falling Apart?

In April, Musk signed an agreement with Twitter to buy the company for $44 billion and take it private.

3 years ago·New Delhi, India

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Times of India

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musk: Explainer: Is Elon Musk's deal to buy Twitter falling apart?

There are several reasons that Musk’s Twitter deal might have lost its luster since he signed it in April. Twitter is standing firm on Musk's agreed price of $54.20 per share — but since early May, the stock has fallen more than 25% below that figure. The gap between the deal price and the actual share price suggests that many investors don’t think the deal will go through.

3 years ago·India

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Hindustan Times

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Explained: Is Elon Musk's deal to buy Twitter falling apart?

Lawyers for the Tesla and SpaceX CEO made the threat in a letter to Twitter accusing the company of refusing to give him information about “spam bot” accounts.

3 years ago·New Delhi, India

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abc News

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EXPLAINER: Is Elon Musk's deal to buy Twitter falling apart?

Elon Musk on Monday threatened to walk away from his $44 billion bid to buy Twitter, the latest sign that his plan to overhaul the social media platform may really be starting to fray

3 years ago·United States

Read Full Article

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