Musk Pulls Out of $44 Billion Deal, Twitter Says Will Pursue Legal Action

Musk Pulls Out of $44 Billion Deal, Twitter Says Will Pursue Legal Action

Elon Musk, the chief executive officer of Tesla and the world’s richest person, said on Friday he was terminating his $44 billion (roughly Rs. 3,49,060 crore) deal to buy Twitter because the social media company had breached multiple provisions of the merger agreement. Twitter’s chairman, Bret Taylor, said on the micro-blogging…