[Newsmaker] Musk ditches Twitter deal, triggering defiant response
World BusinessJul 9, 2022
SAN FRANCISCO -- Elon Musk on Friday pulled the plug on his $44 billion deal to buy Twitter, accusing the social media giant of "misleading" statements about the number of fake accounts, a regulatory filing showed. Musk's effort to terminate the deal that he inked in April sets the stage for an epic court battle over a billion-dollar breakup fee and more. "Mr. Musk hereby exercises (the) right ...