Mike Ringler: top related news
09.07 / 07:45
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Twitter
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Shocker: Elon Musk pulls out of the $44 bn deal, Twitter acts tough, says will sue Tesla CEO
On Friday, Elon Musk shocked everyone by announcing that he is terminating the $44 billion Twitter acquisition deal. Musk revealed that the main reason behind pulling out of the deal was the unsatisfactory information from the company regarding spam and fake accounts. However, Twitter has immediately fired back with the message that they will be pursuing a legal action to ensure that the Tesla CEO upholds the deal. As the situation develops, the gigantic acquisition deal has taken on a new flavor which is shaping up to be a long-drawn legal battle.