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Musk may have to pay $1 billion if he terminates Twitter deal- filing

04/27/2022

Less than a minute

2022.04.27 00:57

Musk may have to pay $1 billion if he terminates Twitter deal- filing
FILE PHOTO: Tesla CEO Elon Musk leaves Manhattan federal court after a hearing on his fraud settlement with the Securities and Exchange Commission (SEC) in New York City, U.S. April 4, 2019. REUTERS/Brendan McDermid

(Reuters) – Elon Musk will have to pay Twitter Inc (NYSE:TWTR) a fee of $1 billion if the billionaire terminates his $44 billion cash deal to buy the social media company, it said in a filing on Tuesday.

04/27/2022

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