Last Friday, during the last trading session on the New York Stock Exchange, Twitter’s share price lost 5%. The current value, below $37, is 17% lower than the beginning of the year and 45% lower tha...
Tag: Twitter
Tesla stock levels to watch as Twitter deal falls through
On Friday, July 8, Tesla (NASDAQ: TSLA) CEO Elon Musk said that he would terminate his Twitter (NYSE: TWTR) purchase agreement. Musk said he was going to pull out of the deal because of a material bre...
Twitter lawyers up to force through Musk deal. Will it work?
Social media platform Twitter is reportedly looking to file a lawsuit as early as this week against Telsa CEO Elon Musk after he announced his intention to pull out of the $44 billion deal to acquire ...
Musk’s About-Face on Twitter Shifts Takeover Saga to Delaware
(Bloomberg) — Now that Elon Musk has decided that he doesn’t want to buy Twitter Inc. after all, he can’t just walk away from the $44 billion contract. The billionaire co-founder of Tesla Inc. w...
Twitter Assembles Legal Team to Sue Musk Over Dropped Takeover
(Bloomberg) — Twitter Inc. has hired merger law heavyweight Wachtell, Lipton, Rosen & Katz LLP as it races to sue Elon Musk for moving to dump his $44 billion takeover of the company, accord...
Elon Musk aims to terminate $44 billion Twitter deal
Elon Musk has decided not to move forward with a $44 billion deal to acquire Twitter after a disagreement with the company about the number of spam and fake accounts. The details were revealed in a re...
Cardano Founder Says This on Elon Musk’s Pullout from Twitter Bid and Plans to Build Platform
Tomiwabold Olajide Tesla CEO and SpaceX founder Elon Musk is attempting to end agreement to buy Twitter Cardano founder Charles Hoskinson believes that Tesla CEO Elon Musk might have issues pulling ou...
Elon Musk Wants Out of Twitter Deal, Here’s Why
Buyers sometimes develop cold feet right after getting what they want. But Musk says his decision to back out of the Twitter deal is due to too many unanswered questions. Billionaire Elon Musk is back...
Elon Musk Cancels Twitter Purchase Agreement
Tesla and SpaceX CEO Elon Musk has withdrawn his $44 billion offer to buy Twitter, according to a filing with the Securities and Exchange Commission. Musk offered to buy the social media platform in A...
Tesla Rises Above Key Level As Musk Exits Twitter Deal; EV Maker Plans To Open U.S. Supercharger Network To Other EVs
Tesla (TSLA) CEO Elon Musk said Friday he is terminating his Twitter purchase agreement. Meanwhile, Tesla said it may open up its supercharger network to all electric vehicles in the U.S. by the end o...
Analyzing DOGE’s performance amid Musk backing out of the Twitter acquisition
The meme coin status was one of the key driving factors behind Dogecoin’s [DOGE] success in 2021. Fast forward a year later and it is no longer as hyped. However, the coin has received a lot of suppor...
How Elon’s bizarre Twitter takeover saga could have just been a cover for him to sell $8.5 billion in Tesla stock
Elon Musk on Friday announced he was backing out of his $44 billion Twitter acquisition bid, blaming the social media platform’s alleged lack of transparency regarding bots on the site. As both ...
Musk exits Twitter deal: ‘just a distraction for what he really wants’
Shares of Twitter Inc (NYSE: TWTR) slid another 5.0% in extended trading on Friday after billionaire Elon Musk announced plans of terminating the $44 billion takeover deal with the social network. Why...
Twitter To Pursue Legal Battle After Musk Terminates $44 Billion Deal
Bret Taylor, the chairman of Twitter, announced that he intends to sue Elon Musk, founder and CEO of Tesla – one of the richest men in the world – in order to enforce the merger deal. Taylor stated in...
Elon Musk pulls the plug on the $44B Twitter deal, prompting lawsuits
The world’s richest man is reconsidering the best way to invest his money. Tesla CEO Elon Musk shocked the business world by announcing his plan to cancel the $44 billion Twitter agreement in an unexp...
Experts Share What’s Next In Elon Musk Vs Twitter Legal Battle
Tesla CEO Elon Musk is terminating his $44 billion Twitter deal citing material breach reasons, according to a filing with the U.S. Securities and Exchange Commission. In response, Twitter chairman Br...
Dogecoin (DOGE) Price Plunge As Twitter Vows Lawsuit Against ElonMusk!
Though the global cryptocurrency market opened the week on a bear note, the market has ended the weekend with some decent gains surpassing the overall market cap above $950 billion. At the moment, the...
Musk Pulls out of Deal to Buy Twitter, Paving Way for Court Battle
Elon Musk has walked out of a $44 billion deal to take over Twitter, alleging the social network breached numerous parts of the agreement. Musk clarified that the termination of the merger agreement c...
An End to the Elon Musk and Twitter Deal?
26 seconds ago | 2 mins read Editors News The twitter $44 billion deal has been terminated by the Musk Party. The reason stated is the breach in certain sections as per the merger agreement. Elon Musk...
Musk Backs Out of $44 Billion Twitter Deal Over Bot Accounts
(Bloomberg) — Elon Musk is trying to end an agreement to buy Twitter Inc. for $44 billion and take it private, alleging that the company misrepresented user data and setting the stage for an ard...
Elon Musk Cancels $44 Billion Twitter Deal – Here’s What Went Wrong? – Coinpedia – Fintech & Cryptocurreny News Media
Elon Musk announced that he was withdrawing his $44 billion bid to acquire Twitter, alleging a “material violation” of the contract due to the company’s failure to disclose sufficient details regardin...
Elon Musk Drops Twitter Deal: What Does It Mean For Dogecoin?
– Advertisement – Twitter’s future is uncertain as Elon Musk pulls out of the acquisition. On Friday, Elon Musk, billionaire and most influential Dogecoin lover, revealed that he is pullin...
Elon Musk Twitter Deal Stalls Over Bots Data
After announcing the takeover bid, Musk and his team requested data regarding the spam accounts on the platform. Ongoing negotiations with Twitter by Elon Musk and his team may have hit a rock, accord...
Elon Musk wants to terminate the $44B Twitter takeover
In an unexpected turn of events, Tesla CEO Elon Musk announced his intention to end the $44 billion Twitter deal via a letter sent to the board of the social media giant. In short, the world’s richest...
Tesla CEO Elon Musk Officially Terminates $44 Billion Twitter Deal — Twitter Threatens Lawsuit – Bitcoin News
Tesla CEO Elon Musk has formally informed Twitter that he is terminating his $44 billion bid to buy the social media platform. “Twitter is in material breach of multiple provisions” of the agreement, ...
Elon Musk Bails on Twitter: What It Means for the Stock
Text size Tesla CEO Elon Musk filed to end his $44 billion merger agreement with Twitter on July 8. POOL/AFP via Getty Images Tesla CEO Elon Musk’s move to terminate his $44 billion deal to purchase T...