Tag: bret taylor

Elon Musk ended $44 billion bid to acquire Twitter
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Elon Musk ended $44 billion bid to acquire Twitter

Elon Musk withdrew the deal with twitter of $44 billion. Musk claim Twitter doesn't provide the data he asked for. Twitter Team informed us it is the wrong allegation we will sue Musk for it. The Billionaire and CEO of Tesla, Elon Musk have ended the deal of $44 billion to buy Twitter. The reason lawyer of Musk has given is, that they inquire about some data and the platform failed to provide it in the specified time. After that news, the shares of the public platform dropped by 6%. However, Twitter's board chair, Bret Taylor, stated that the firm is committed to finalizing the transaction at the agreed-upon price. And intends to take legal action to enforce the agreement. They exclaim that they will use the power of law for the closing of this deal and they will sue Musk for thi...