Business Highlights: Twitter deal doubts, stocks end higher
https://apnews.com/a7ccd4ea5d6f95fdc7e79b7fb6347331
Musk threatens to walk away from Twitter deal
DETROIT (AP) — Elon Musk is threatening to end his $44 billion agreement to buy Twitter, accusing the company of refusing to give him information about its spam bot accounts. Lawyers for the Tesla and SpaceX CEO made the threat in a letter to Twitter dated Monday that the social platform included in a filing with the Securities and Exchange Commission. The letter says Musk has repeatedly asked for the information since May 9 so he could evaluate how many of the company’s 229 million accounts are fake. Twitter said it’s been sharing information with Musk in accordance with the merger agreement.
Business Highlights: Twitter deal doubts, stocks end higher
Jun 6, 2022, 9:20pm UTC
https://apnews.com/a7ccd4ea5d6f95fdc7e79b7fb6347331
> Musk threatens to walk away from Twitter deal
> DETROIT (AP) — Elon Musk is threatening to end his $44 billion agreement to buy Twitter, accusing the company of refusing to give him information about its spam bot accounts. Lawyers for the Tesla and SpaceX CEO made the threat in a letter to Twitter dated Monday that the social platform included in a filing with the Securities and Exchange Commission. The letter says Musk has repeatedly asked for the information since May 9 so he could evaluate how many of the company’s 229 million accounts are fake. Twitter said it’s been sharing information with Musk in accordance with the merger agreement.