Elon Musk’s Twitter deal includes a $1 billion termination fee on both sides

Elon Musk will have to pay Twitter a $1 billion termination fee if he doesn’t go through with his $44 billion acquisition of the social network, announced on Monday, per a new SEC filing. The filing, which details the terms of the agreement, indicates Twitter would have to pay the same fee under specific circumstances. … Continue reading Elon Musk’s Twitter deal includes a $1 billion termination fee on both sides