Elon Musk and Twitter: a timeline of the $44bn deal that threatens to crumble - News Summed Up

Elon Musk and Twitter: a timeline of the $44bn deal that threatens to crumble


He had previously tweeted that the deal “cannot move forward” until the spam and fake account issue had been resolved. However, negotiations between Musk and the board appeared to change that – and a deal was approved on 25 April. The deal went through – and was approved unanimously by Twitter’s board of directors – but a $44bn purchase does not happen overnight. Some signs pointed to Musk moving forward with the deal. That includes an obligation to “furnish promptly to [Musk] all information concerning the business, properties and personnel of [Twitter] as may reasonably be requested in writing”.


Source: The Guardian June 08, 2022 20:36 UTC



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