Elon Musk is under federal investigation in connection with his long-aborning deal to buy Twitter, according to multiple credible reports which cite a legal filing today by the social media company.
There were no specifics in the document beyond the indication that authorities are probing Musk’s “conduct” in relation to the deal which, to say the least, has been unusual.
After much legal arm twisting, Musk agreed earlier this month to buy Twitter for $44 billion. That’s the price he signed his name to back in April, pending financing.
In the interim, the richest man in the world has complained about the proportion of the platform’s accounts comprised by bots, placed the deal on hold then two hours later said he was “still committed” to the purchase, claimed Twitter did not provide him with necessary information on spam, was sued by shareholders in a class action and was sued by Twitter itself after he sought to terminate the deal in July.
Read more on deadline.com
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