⚠️3 Stocks To Watch This Week: -Delta Air Lines -JPMorgan Chase -Tesla 👉 $DAL $JPM $TSLA
) for $44 billion or $54.20/share, claiming the social media giant failed to fully disclose how much of the platform’s traffic is driven by spam and fake accounts known as bots.
In a late Friday letter to Twitter’s board, Musk’s lawyer said his client is terminating the merger agreement because Twitter is in material breach of multiple provisions of that agreement, setting the stage for a costly court battle that could drag on for months. Twitter's deal, which was announced in April, has been a drag on Tesla stock as investors feared that the world's richest man could be spreading himself too thin taking on this new challenge.
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