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Elon Musk Twitter Acquisition News

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27 Oct 2022

Explained: Is Elon Musk vs Twitter deal nears close? Here're TURNING POINTS

The deal is scheduled to close on October 28. The deal started in March 2022. Twitter announced publicly on April 4, 2022, that Musk had acquired 9.2 percent of the firm.

11 Aug 2022

Elon Musk seeks to question Twitter employees who count bots: Report

Elon Musk said last month he was terminating the deal because Twitter has withheld information about these accounts. Twitter and Musk are in the discovery phase of the lawsuit and readying for a trial scheduled to begin Oct. 17 in Delaware.

Elon Musk Twitter Acquisition

30 Jul 2022

Elon Musk files countersuit in legal battle against Twitter

However, the lawsuit is not yet accessible to the public. Musk terminated the $44 Twitter takeover deal. Musk threatened to scrap the $44 billion Twitter acquisition deal.

Elon Musk Twitter Acquisition

29 Jul 2022

Twitter-Elon Musk court battle to start Oct 17 for 5 days

Musk's lawyers claimed that Twitter was not producing the documents it needs even though they`re easy to produce. Musk`s team asked for a much longer timeline, hoping to start the trial early next year.

20 Jul 2022

Elon Musk thinks Twitter can also be made liable for fraudulent disclosure

Musk replied: "Exactly" to the post. Tesla CEO has terminated the $44 Twitter takeover deal.

Elon Musk Twitter Acquisition

14 Jun 2022

Elon Musk finally set to address Twitter employees this week at Townhall meet

Elon Musk will address Twitter employees via a virtual meeting on Thursday, reports Insider, and will take questions from them over his $44 billion takeover deal that he has put on hold till he gets answers on the presence of bots on the micro-blogging platform.

Elon Musk Twitter Acquisition

04 Jun 2022

Elon Musk's Twitter acquisition: Advocacy groups seek to block deal

Twitter said the waiting period for the deal has expired under the HSR Act. The Stop the Deal campaign is persuading Tesla stockholders to take action against the takeover deal. Twitter said late on Friday that the completion of the deal is now "subject to remaining customary closing conditions'.

Elon Musk Twitter Acquisition

15 May 2022

‘May have to buy Twitter now’: Snoop Dogg jokes after Musk’s takeover on hold

Snoop Dogg said his 'first line of business` would be putting free internet on planes'. `29 dollars for 1 hour is bulls**t,` he said. Musk, 50, threw his multi-billion deal into chaos on Friday.

Elon Musk Twitter Acquisition

15 May 2022

Elon Musk says Twitter legal team told him he violated an NDA

Musk recently said that his $44-billion cash deal to take the company private was "temporarily on hold". He said his team would test "a random sample of 100 followers" on Twitter to identify the bots.

Elon Musk Twitter Acquisition

14 May 2022

A lame-duck CEO will keep changing Twitter: Parag Agrawal breaks silence

Elon Musk has put the Twitter acquisition on hold. Musk has agreed to buy Twitter for $44 billion. Twitter is now pausing most hiring and backfills, except for business critical roles.

Elon Musk Twitter Acquisition

13 May 2022

Elon Musk’s $44-billion Twitter deal temporarily on hold! Here’s why

Twitter shares fell 20% in premarket trading. Twitter did not immediately respond to a request for comment.

Elon Musk Twitter Acquisition

08 May 2022

Elon Musk pledges to improve work standards in Twitter post-acquisition

Twitter has agreed to be acquired by Musk in a deal worth $44 billion. "Work ethic expectations would be extreme, but much less than I demand of myself," Musk said.

Elon Musk Twitter Acquisition

20 Apr 2022

Elon Musk willing to hike personal Twitter investment to $15 billion: Report

Musk has a 9.1 per cent ownership stake in the platform. Musk may also be willing to borrow against his current stake if necessary. He has announced that he had made an offer to buy Twitter.

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