Bring On The Lawsuits: Elon Musk Terminates Deal To Buy Twitter

Source: https://www.zerohedge.com/markets/bring-lawsuits-elon-musk-terminates-deal-buy-twitter
Published: Jul 8, 2022
Author: Tyler Durden
Post Date: 2022-07-08 18:06:12 by Horse
Views: 65

Twitter is in material breach of multiple provisions of that Agreement, appears to have made false and misleading representations upon which Mr. Musk relied when entering into the Merger Agreement, and is likely to suffer a Company Material Adverse Effect.


Poster Comment:

Musk is bringing down the value of the stock. Anyone holding stock will demand compliance with the new deal Musk might propose or the new board of directors will offer.

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