Elon Musk Files To Back Out Of Twitter Deal, Leading To A Legal Showdown
Allwork
JULY 11, 2022
Just days ago, Elon Musk made a move that likely did not come as a shock to anyone: he filed to back out of his Twitter acquisition deal. . After Musk revealed his intentions to walk away from the purchase, Twitter’s shares fell 6%, further hurting the company’s reputation in the eyes of investors or other potential acquirers.
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