C. N. Wylie Group Inc.

Musk Ditches Twitter Deal, Triggering Defiant Response

Jul 10, 2022

Elon Musk on Friday pulled the plug on his $44 billion deal to buy Twitter, accusing the social media giant of "misleading" statements about the number of fake accounts, a regulatory filing showed.

Musk's effort to terminate the deal that he inked in April sets the stage for an epic court battle over a billion-dollar breakup fee and more.

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