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Elon Musk's legal team has initiated proceedings with the U.S. Securities and Exchange Commission (SEC) to formally cancel his agreement to acquire Twitter. They assert that the company has made "false and misleading" statements throughout the negotiation process. By filing this claim, they aim to terminate the deal. The ongoing legal action seeks to address the alleged discrepancies and hold Twitter accountable for their purportedly misleading conduct.
Thursday, 7 July, 2022