Posted BY: Joe Hoft

Elon Musk sent a letter today to Twitter ending the agreement to purchase the company based on what Musk believes to be deal terminating issues. 

Musk shared in his letter to Twitter:

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Mr. Musk is terminating the Merger Agreement because Twitter is in material breach of multiple provisions of that Agreement, appears to have made false and misleading representations upon which Mr. Musk relied when entering into the Merger Agreement, and is likely to suffer a Company Material Adverse Effect (as that term is defined in the Merger Agreement).

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