Posted in: Tattle, Technology

Elon Musk Twitter takeover deal in ‘serious jeopardy’

Washington Post says Musk team has stopped certain funding discussions as Tesla CEO questions spam account figures

The planned takeover of Twitter by Elon Musk is in “serious jeopardy”, according to a report, sending shares in the company 4% lower in after-hours trading on Wall Street.

Musk’s team has stopped certain discussions around funding for the $44bn deal, according to a report in the Washington Post, citing three people familiar with the matter. The report said Musk had concluded that Twitter’s figures on spam accounts – a bone of contention in the deal – were not verifiable.

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