what-happened-to-the-twitter-elon-musk-deal?

What Happened to the Twitter-Elon Musk Deal?

Elon Musk said he is seeking to terminate his $44 billion deal to buy Twitter Inc., nearly two months after saying the deal was “on hold” over his questions about the number of spam and fake accounts on the platform.

Twitter “is in material breach of multiple provisions of that agreement,” according to a letter from Mr. Musk’s lawyer filed with securities regulators. The letter also accused the company of making “false and misleading representations” when entering into the agreement.

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