Musk may have to pay $1 billion if he terminates Twitter deal- filing By Reuters


© Reuters. FILE PHOTO: Tesla CEO Elon Musk leaves Manhattan federal court after a hearing on his fraud settlement with the Securities and Exchange Commission (SEC) in New York City, U.S. April 4, 2019. REUTERS/Brendan McDermid

(Reuters) – Elon Musk will have to pay Twitter Inc (NYSE:) a fee of $1 billion if the billionaire terminates his $44 billion cash deal to buy the social media company, it said in a filing on Tuesday.

Be the first to comment

Leave a Reply

Your email address will not be published.


*