Tag: SEC

Musk bails out of Twitter takeover; bird app still wants to complete deal

Elon Musk has filed a motion with the Securities and Exchange Commission (SEC) to walk away from his $44 billion deal to acquire Twitter. Skadden...

Twitter shareholders sue Elon Musk for trying to drive down deal price

Twitter investors are suing Elon Musk, alleging him of stock manipulation to drive down the price or walk away from the social media platform’s $44...