With Musk Threatening to Walk Away, Will Twitter Bow Down?
June 07 2022 - 03:53AM
TipRanks
In the latest turn of events, billionaire Elon Musk has threatened
to walk out of the Twitter (TWTR) buyout deal if the social media
company does not heed his request to share appropriate data on the
number of bots on its platform. TWTR stock plunged as much as 5.7%
on the news before ending the day down 1.5% at $39.56 on June 6.
Musk Threatens to Walk Out Musk’s lawyer, Mike Ringler, sent a
letter to Twitter Chief Legal Officer Vijaya Gadde, which
said, “Mr.
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