Twitter says it will sue Elon Musk after he sends letter seeking to end $44B acquisition deal | CBC News

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BREAKING Musk sent a letter to Twitter's board seeking to terminate his acquisition of the social media platform.

Posted: Jul 08, 2022 5:41 PM ET | Last Updated: 6 minutes ago

On Friday, shares of Twitter fell five per cent to $36.81 US, well below the $54.20 US that Musk had offered to pay. Shares of Tesla, meanwhile, climbed 2.5 per cent to $752.29 US. Then, on April 4, he revealed in a regulatory filing that he had became the company's largest shareholder after acquiring a nine per cent stake worth about $3 billion US.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

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Manipulative S.O.B.

WHOA! There are fake accounts on here?

Haha cash poor

just another silly stunt

It was all a farce he never had any intentions of buying Twitter as successful and rich as he is….he was in over his head …now we can expect years of litigation …Elon you can’t just walk away

Elon Musk

Lol such a luser

He tried to do a valuation & they weren’t forthcoming. You can put a $ amount broken down per user. If Twitter is stating they have a certain number of users but the reality is half are bots, the value of the company is less than asking. They’re essentially saying it’s bot heavy

💯🚀🌙⚡️ TiffaniMadison_ Trending elonmusk

Color me shocked.

Tesla stock up $20 on the news. LOL.

I mean, no one saw this coming, right? 🙃

Can't sell advertising on a fake business profile and not expect to be charged with fraud. This should be fun.

Maybe Elon Musk can buy Rogers and put In some reliable f*cking service

'fake or spam accounts' You're talking about the CBC, right?

Twitter Pronouns: Was/Were RIP BotTheFarm March 21, 2006 - July 8, 2022

But, but, but what will all those folks do now, cause Elon was going to give them the”freedom” they’ve all been seeking?

😂😂😂😂

Should we be surprised? Now he can pay up to end the deal. Lawyers now be paid!

**also doesn’t have the $44 billion.

Ba ba ba bullsh*t!

We all saw this coming from Day 1

Twitter is gonna GetWokeGoBroke

Like his cars that catch fire. He’s a flash-fire like his cheap cars!

Excuses excuses He doesn’t want to spend the money now because of the market and the effect on Tesla Weenie

Oh, this is better than an expensive gift at Christmas. Twitter administration: tell him that 75% of the accounts using Twitter are actually fake and spam. Please.

Almost like he picked today to gloss over that other news that came out about him...

Trumpy

RogersHelps should buy

Q: How would you spend 1 billion dollars? Some would build 3,533 average sized homes or feed 130,000 boys and girls for an entire year elonmusk... 🙄 Mars! He should go to there!

WHAT A SHOCK SAID NO ONE

Twitter is full fake and bot accounts. Lots of them below. Lol watch the stocks fall now.

Sue him into the ground

No wonder....

When are you going to report on the wef? I know that you won’t because you’re propaganda won’t allow you to. But Klaus isn’t hiding it. So why are you? Afraid of the truth?

Looks like it’s up to the 20% bots to “save” free speech now!

It says.. Sorry, (NOT) I was just playing ya'll as fools.

So he does know how to pull out then?

Attention seeker

door first

He has so many kids to support now and women he can’t afford Twitter lol!

Thanks for catching up.

lmao

“I don’t want to buy you, but if you wanna make a baby, I’m your man.”

😂😂😂😂 its time for truth social. Only the liberals will be on here.

L7

There's not enough laugh emojis in the world for this!

lol, super genius.

No surprise. He found his out.

Not surprised

Make him buy it and stop manipulating things!

He has child support to pay

DavidWCochrane He had no deal!

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