Twitter's stock fell by about 18%
Informed, that Twitter's stock fell by 6%, after Elon Musk's decision to cancel the purchase deal.
Twitter's stock fell by about 18%
Twitter's stock fell by about 18% in pre-opening trading after a tweet from Elon Musk saying that the information about who receives more until the acquisition deal is pending about the number of fake accounts on the social networking platform
Twitter shares fell 6% after Elon Musk's decision to cancel the deal, sources revealed.
Informed, that Twitter's stock fell by 6%, after Elon Musk's decision to cancel the purchase deal.
Elon Musk, announced the termination of the deal to buy Twitter
And earlier, the American billionaire, Elon Musk, announced the termination of the deal to buy Twitter, because the company was accused of not complying with contractual obligations.
And Elon Musk's lawyer, had stated, that he sent a letter to Twitter on behalf of the American billionaire to inform the company of the termination of the deal,
As the company was accused of not complying with his contractual obligations.
Directors of Twitter VS ELON MUSK
It is noteworthy that the board of directors of Twitter, weeks ago, unanimously recommended approving the billionaire Elon Musk’s ownership of the company, but Elon Musk’s recent decision appears to have toppled the deal.
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