WaPo: Musk’s Attempt To Buy Twitter Is Falling Apart

The Washington Post reports:

Elon Musk’s deal to buy Twitter is in serious jeopardy, three people familiar with the matter say, as Musk’s camp concluded that Twitter’s figures on spam accounts are not verifiable.

Musk’s team has stopped engaging in certain discussions around funding for the $44 billion deal, including with a party named as a likely backer, one of the people said.

Talks with investors have cooled in recent weeks as Musk’s camp has raised doubts about the recent data “fire hose” — a trove of data sold to corporate customers — they received from Twitter. If Musk pulls out of the deal, it will likely trigger a massive legal battle.

Read the full article.

Musk’s team has stopped engaging in certain discussions around funding for the $44 billion deal, including with a party named as a likely backer, one of the people said. https://t.co/bykYyQd5VY

— The Washington Post (@washingtonpost) July 7, 2022