Tim Conway Jr

Tim Conway Jr

Listen to Tim Conway Jr. Weekdays from 4 PM - 7 PM on KFI AM 640!Full Bio

 

Elon Musk Terminates $44B Deal With Twitter

US-INTERNET-MERGER-TWITTER-MUSK-BUYOUT

Photo: Getty Images

  • It looks like Elon Musk's desire to buy Twitter has ended. 
  • As HuffPost states, the billionaire cited 'material breach of multiple provisions' of the agreement and alleging Twitter failed to respond to multiple requests for information on fake or spam accounts on the social media platform."
  • However, Bret Taylor is saying something different. 
  • The Chair of Twitter's board said they are "committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement."
  • Since Musk announced he would take over, the platform's shares have dropped. 

Sponsored Content

Sponsored Content