Twitter Buyout Uncertain As Elon Musk Pulls Out Of Deal
Elon Musk attempts to back out of deal to acquire Twitter for $44 billion.
Twitter plans to sue Elon Musk over broken buyout contract
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Yahoo Finance’s Alexis Keenan breaks down the legal outcomes that could occur in the dispute between Tesla CEO Elon Musk and Twitter.
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Elon Musk withdraws his $44 billion offer to buy Twitter
Elon Musk, the billionaire Tesla CEO, has withdrawn his $44 billion bid to buy Twitter. CBS News correspondent Michael George has more.
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Twitter: Elon Musk agrees to $44 billion buyout deal
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Tech editor Dan Howley reports on Elon Musk’s agreement to his original buyout proposal to Twitter amid litigation in chancery courts.
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Elon Musk has completed his $68 billion takeover of Twitter | ABC News
The world’s richest man, Elon Musk, has completed his $68 billion takeover of Twitter. Subscribe: http://ab.co/1svxLVE Read more here: https://ab.co/3DGq6ly
His first move has been to fire the social media company’s top leadership team, which he has accused of misleading him over the number of spam accounts on the platform. Mr Musk has sacked Twitter’s chief executive, chief financial officer and legal affairs and policy chief.
Reports suggest that two of the executives were in Twitter’s San Francisco headquarters and were escorted out of the building when the deal was done.
It brings to a close a saga which saw Mr Musk offer to buy the firm, then pull out, prompting Twitter to take legal action to force him to honour the deal.
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