Elon Musk Sends Letter to Twitter Terminating $44 Billion Buyout Bid …UPDATE: Twitter to Sue to Enforce Deal
An attorney for Elon Musk sent a letter to the Twitter board Friday informing them of Musk’s intention to terminate his $44 billion buyout of Twitter due to alleged lies about the number of bots, spam accounts and other issues.
Musk has not directly commented on the termination as of publication of this article.
UPDATE: Twitter Chairman Bret Taylor responds, “The Twitter Board is 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. We are confident we will prevail in the Delaware Court of Chancery.”
https://www.thegatewaypundit.com/2022/07/elon-musk-sends-letter-twitter-terminating-44-billion-buyout-bid/