Bloomberg Businessweek cover image

Musk-Twitter Deal Is Said to Be Stuck

Bloomberg Businessweek

Elon Musk and Twitter, the Resolution Said to Stick on Debt Contingency Issues

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Bloomberg news legal reporter Jeff Fili is on the phone in Wilmington, Delaware. We are trying to hammer out one of the final turns of the procedural finalization of Twitter suit over Mr. Musk's attempt to try to walk away from the deal. The sticking point at this point is a financing contingency that Mr. Musk included in an FCC letter outlining his offer to revive the deal on its original terms. And, you know, that's not in the original deal and the Twitter folks are not happy about that.

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