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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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Bias Distribution

  • 63% of the sources are Center
63% Center
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WHEC-TV broke the news in Rochester, United States on Monday, June 6, 2022.
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