Elon Musk Terminates Twitter Deal
After two months of uncertainties that surround the taking over of Twitter, Elon Musk says he is terminating his $44 billion Twitter deal
Elon Musk clinched a deal for Twitter in April but then put it on hold until the company proved that spam bots accounted for less than 5% of its total users.
Twitter shares fell 6% in extended trading after he announced he would terminate the deal.
Meanwhile, reports have it that Twitter will be taking legal action to force Musk to finalize the deal.
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