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Elon Musk Sends Second Letter Terminating Twitter Acquisition
The letter follows the one sent in July, in case the earlier one is deemed invalid, according to a filing.
Ankita K.
11:05 30th Aug, 2022
Markets

Tesla (TSLA) CEO Elon Musk sent a second letter calling off the $44 billion acquisition of Twitter (TWTR), according to a filing Tuesday.

Musk had already sent a letter in July, claiming the information provided by the social media giant was false and misleading.

Musk is "delivering this additional termination notice in the event that the July 8 Termination Notice is determined to be invalid for any reason," according to the filing.

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