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The Hindu

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The Hindu Bureau

Morning Digest | Elon Musk says he’s terminating $44bn Twitter deal; Former Japanese PM Shinzo Abe assassinated, and more

Shinzo Abe Elon Musk Twitter Inc. ED P V Sindhu Devendra Fadnavis Eknath Shinde Mohammed Zubair Narendra Modi Rishi Sunak

Elon Musk says he's terminating $44bn Twitter buyout deal, board to fight

Elon Musk announced he will walk away from his tumultuous $44 billion offer to buy Twitter, leaving the deal on he verge of collapse. The Tesla CEO sent a letter to Twitter's board Friday saying he is terminating the acquisition. But Twitter isn't accepting Mr. Musk's declaration. The chair of Twitter's board, Bret Taylor, tweeted in response that the board is “committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement. We are confident we will prevail in the Delaware Court of Chancery.”

Former Japanese PM Shinzo Abe assassinated, India declares state mourning

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