Elon Musk terminates deal with Twitter
Elon Musk Terminates Deal To Buy Twitter; Board To Pursue Legal Action Update (1800ET): Twitter’s Board of Directors said on Friday that they intend to close the transaction with Musk at $54.20 per share, and that they plan to pursue legal action to enforce the agreement, Twitter chairman of the board Bret Taylor tweeted following the news, adding that the board is “confident it will prevail in Delaware Court of Cancery.” The Twitter Board is committed to closing the transaction on…