Wall Street

Twitter Stock Tumbles On Report Elon Musk’s $44 Billion Takeover In ‘Serious Jeopardy’

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By Martin Baccardax Elon Musk’s $44 billion takeover of Twitter is looking increasingly unlikely. Twitter (TWTR) – Get Twitter Inc. Report shares slumped lower Friday following a report from the Washington Post that suggested Elon Musk’s $44 billion takeover bid for the group is in “serious jeopardy”. The report, which appears to reply heavily on sources inside the Tesla CEO’s camp, says Musk remains convinced that Twitter is not being forthright with respect to its calculations of spam or fake accounts on the micro-blogging website. He also found support from Texas Attorney General Ken Paxton…

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