Elon Musk to Pay $1 Billion Termination Fee if Twitter Deal Falls Through

Elon Musk will have to pay Twitter a fee of $1 billion if the Tesla owner terminates his $44 billion (roughly Rs. 3,37,278 crore) cash deal for the social media company, Twitter said in a filing. The deal could be terminated if not closed by October 24, but may be extended for another six months to meet certain closing conditions such as antitrust and foreign investme...

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