Elon Musk informs Twitter he is terminating proposed $44B acquisition; board digs in

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Elon Musk informs Twitter he is terminating proposed $44B acquisition; board digs in
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Is Elon Musk over Twitter?

: Bret Taylor, chairman of Twitter’s board of directors, tweeted Friday that the body is “committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement. We are confident we will prevail in the Delaware Court of Chancery.”

The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement. We are confident we will prevail in the Delaware Court of Chancery.

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