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Benzinga
Benzinga
Business
Joel Elconin

Analysis: Why Elon Musk Should Run — Not Walk — Away From Twitter Deal

Elon Musk Tesla Inc. NYSE

Even the richest person in the world makes a few mistakes. Similar to being in the markets, sometimes it is better to cut your losses and move on than to add on to a losing position.

Unfortunately for Elon Musk and his wayward attempt to purchase Twitter Inc (NYSE:TWTR), there is no easy way out that is not going to be extremely costly.

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