Elon Musk is ‘scrapping’ $44B Twitter deal
Kaltbaum Capital Management Gary Kaltbaum said ‘the party is over’ following Elon Musk’s decision to terminate Twitter deal on ‘Fox Business Tonight.’
Elon Musk responded to the latest major development in his ongoing feud with Twitter late Sunday evening – tweeting out a meme of him laughing after Twitter reportedly lawyered up to sue him for moving to drop his $44 billion takeover of the company.
The post has a series of four photos of the Telsa founder laughing with captions that read: "They said I couldn’t buy Twitter; Then they wouldn’t disclose bot info; Now they want to force me to buy Twitter in court; Now they have to disclose bot info in court."
The tweet quickly garnered over 180,000 likes. Musk is one of the most-followed people on the platform, with 100.8 million followers
Moments later, Musk tweeted another meme featuring Chuck Norris playing chess. "Chuckmate," Musk added.
Musk had been absent from Twitter for several days. Sunday night's post is the first statement from Musk since Twitter reportedly hired heavyweight merger law firm Wachtell, Lipton, Rosen & Katz LLP to represent it in a forthcoming suit, Bloomberg reported Sunday.