HomeTechTwitter shares fall as Elon Musk backs out of deal

Twitter shares fall as Elon Musk backs out of deal

twitter shares fall as elon musk backs out of deal

The distinctive merger settlement includes a $1bn (£830m) break-up cost, nevertheless in its place of pushing for Mr Musk to pay the sum, Twitter needs the businessman to compete the deal. “The Twitter board is dedicated to closing the transaction on the value and phrases agreed upon with Mr Musk,” its chairman Bret Taylor wrote in a tweet.

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