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Musk expected to take “drastic action” to break Twitter deal, report says

Musk expected to take “drastic action” to break Twitter deal, report says

2 years ago
Anonymous $0BkBa0cUPa

https://arstechnica.com/tech-policy/2022/07/musk-expected-to-take-drastic-action-to-break-twitter-deal-report-says/

Elon Musk is expected to take "drastic action" to get out of his $44 billion deal to buy Twitter, The Washington Post wrote yesterday in an article citing "three people familiar with the matter."

The anonymous sources seem to be from Musk's camp. "Musk's team has concluded it cannot verify Twitter's figures on spam accounts," and the Musk side's "doubts about the spam figures signal they believe they do not have enough information to evaluate Twitter's prospects as a business," the Post wrote. Musk's people have also reportedly "stopped engaging in certain discussions around funding for the $44 billion deal, including with a party named as a likely backer."

Musk expected to take “drastic action” to break Twitter deal, report says

Jul 8, 2022, 4:33pm UTC
https://arstechnica.com/tech-policy/2022/07/musk-expected-to-take-drastic-action-to-break-twitter-deal-report-says/ > Elon Musk is expected to take "drastic action" to get out of his $44 billion deal to buy Twitter, The Washington Post wrote yesterday in an article citing "three people familiar with the matter." > The anonymous sources seem to be from Musk's camp. "Musk's team has concluded it cannot verify Twitter's figures on spam accounts," and the Musk side's "doubts about the spam figures signal they believe they do not have enough information to evaluate Twitter's prospects as a business," the Post wrote. Musk's people have also reportedly "stopped engaging in certain discussions around funding for the $44 billion deal, including with a party named as a likely backer."