Tesla, Inc.’s (TSLA) CEO Elon Musk has been in the news lately for threatening to cancel his $44 billion Twitter, Inc. (TWTR) buyout offer accusing the social media company of breaching the merger agreement. Musk alleged that the social media company is "actively resisting and thwarting his information rights."
Shares of TWTR declined more than 6% since Musk’s threat made the deal's prospects uncertain and are currently trading much lower than the takeover offer of $54.20 per share, indicating investor apprehensions surrounding the deal.
