Elon Musk PULLS OUT Of Twitter Deal Causing Stock TO COLLAPSE And Trump Stock To SKYROCKET!
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Elon Musk is seeking to terminate his $44 billion agreement to buy Twitter Inc., TWTR -5.10%▼ saying that the company hasn’t provided the necessary data and information he needs to assess the prevalence of fake or spam accounts, according to a regulatory filing Friday.
Twitter “is in material breach of multiple provisions of that agreement” and appears to have made “false and misleading representations” when entering into the agreement, according to a letter from Mr. Musk’s lawyer filed with securities regulators.
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