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World

Elon Musk under federal investigation tied to $44 billion Twitter deal: court filing

By Staff Reuters
Posted October 13, 2022 7:03 pm
1 min read
Click to play video: 'Elon Musk’s Twitter offer ‘huge victory’ for company’s board: Analyst'
Elon Musk’s Twitter offer ‘huge victory’ for company’s board: Analyst
Billionaire Elon Musk is proposing to go ahead with his original offer of $44 billion to take Twitter Inc. private, two sources familiar with the matter said on Tuesday, signaling an end to a bitter legal battle that was about to go to trial. Analyst Dan Ives, managing director of Wedbush Securities, says it’s a huge victory for Twitter's board – Oct 4, 2022
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Elon Musk is under a federal investigation related to his $44 billion takeover deal for Twitter Inc TWTR.N, the social media company said in a court filing made public on Thursday.

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(Reporting by Tom Hals in Wilmington, Delaware Editing by Chris Reese)

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