Wall Street

Elon Musk Adds a Surprising New Twist to the Twitter Saga

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The Street

By Luc Olinga The legal battle between the CEO of Tesla and the management of the microblogging website promises sparks. Elon Musk versus Twitter (TWTR) – Get Twitter Inc. Report: It’s a battle royale. It’s a battle of titans that will have important consequences for mergers and acquisitions in the future. The world’s richest man and CEO of Tesla (TSLA) – Get Tesla Inc. Report abruptly withdrew his $44 billion bid to acquire the microblogging website he defines as the Town Square of our time. Twitter took legal action to get Musk to honor his commitment. It is therefore no surprise that the tw…

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