WSJ US BusinessTwitter Faces Renewed Questions on Future as Musk Tries to Abandon Deal

July 9, 20220

Elon Musk’s decision to try to walk away from his $44 billion acquisition of Twitter Inc. after weeks of criticizing the company leaves the bruised social-media platform reeling in the midst of an already challenging period.

An avid user of the platform and the world’s richest man, Mr. Musk offered a premium to buy the company when he agreed to the takeover in April. While the company has signaled it plans to hold him to the agreement, the prospect of being successfully spurned by its deep-pocketed suitor presents considerable challenges for Twitter.

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