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Twitter Slides After Musk's US$ 44 Billion Deal Falls Apart

Senin, 11 Juli 2022 | 17:31 WIB
Twitter Slides After Musk's US$ 44 Billion Deal Falls Apart

ILUSTRASI. Shares of Twitter Inc fell about 6% in premarket trading on Monday as a legal tussle between Elon Musk and the social media company. REUTERS/Brendan McDermid/Files (UNITED STATES - Tags: BUSINESS LOGO)

Sumber: Reuters | Editor: Anastasia Lilin Yuliantina

KONTAN.CO.ID - Shares of Twitter Inc fell about 6% in premarket trading on Monday as a legal tussle between Elon Musk and the social media company is expected to take center stage after the world's richest person walked away from the US$ 44 billion deal.

Musk, the chief executive officer of Tesla Inc, said on Friday he was terminating his deal to buy Twitter because the company had breached multiple provisions of the merger agreement. Read full story

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