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The Times of India
The Times of India
Business
Bloomberg

INSANE: Elon musk s losses in twitter court fight presaged his surrender | Rare Historical Photos

SAN FRANCISCO: Elon Musk dropped his bid to walk away from a $44 billion buyout of Twitter Inc after losing a series of pre-trial rulings that may have foreshadowed difficulties in making his case in court.

Musk, the world’s richest person, on Tuesday proposed carrying out his original plan to buy Twitter for $54.20 per share just days before he was scheduled to argue to a judge that executives of the social-media platform misled him about the number of spam and robot accounts embedded in the company’s more than 230-million user base.

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