Musk’s Twitter deal includes $1 billion termination fee – TechCrunch

Musk’s Twitter deal includes $1 billion termination fee – TechCrunch

Elon Musk will have to pay Twitter a $1 billion termination fee if it doesn’t complete its $44 billion acquisition of the social network, announced Monday, according to a new filing with the SEC. The filing, which details the terms of the agreement, says Twitter would have to pay the same fee under specific circumstances….