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Twitter, Musk Deal Includes $1 Billion Termination Agreement

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Twitter, Musk Deal Includes $1 Billion Termination Agreement

Twitter Inc. will be required to pay a termination fee of $1 billion under certain circumstances if it ends an agreement to be acquired by Elon Musk for $44 billion, according to a filing on Tuesday. Musk will also be subjected to the same fee if he ends the deal.

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Twitter, Musk Deal Includes $1 Billion Termination Agreement

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Twitter, Musk Deal Includes $1 Billion Termination Agreement

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