Explainer-in-brief: Could Musk back out of the $44bn Twitter deal

Explainer-in-brief: Could Musk back out of the $44bn Twitter deal

City A.M.

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What’s the most expensive mistake you’ve ever made? Booked a holiday for the wrong dates? Added an extra zero to the £260 you owed? Well, for Elon Musk, he thought it would just be $1bn to get out of the $44bn Twitter takeover.  But strict merger laws, brought in after the financial crisis, could force [...]

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