The deal is dead, Elon Musk says on Twitter
Twitter's bid to be acquired by Elon Musk is now officially ended.
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This week, Musk's legal team is taking steps to terminate his $44 billion deal to buy Twitter.
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Musk tweeted against the company's bot calculations and an ominous
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piece in The Washington Post reflecting his thinking.
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Mr. Musk is terminating the Merger Agreement because Twitter has
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violated multiple provisions of it, appears to have made false and misleading
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representations on which Mr. Musk relied in entering into it, and is likely to suffer a Company Material Adverse Effect,"
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" Musk's lawyers wrote to Twitter's Chief Legal Officer Vijaya Gadde.
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