{"id":1454664,"date":"2022-04-26T18:14:43","date_gmt":"2022-04-26T22:14:43","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1454664"},"modified":"2022-04-26T18:14:46","modified_gmt":"2022-04-26T22:14:46","slug":"twitter-releases-official-agreement-with-musk-includes-option-to-terminate-sale-in-certain-scenarios","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/twitter-releases-official-agreement-with-musk-includes-option-to-terminate-sale-in-certain-scenarios\/","title":{"rendered":"Twitter Releases Official Agreement With Musk, Includes Option To Terminate Sale In Certain Scenarios"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftwitter-releases-official-agreement-with-musk-includes-option-to-terminate-sale-in-certain-scenarios%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1454664&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/dw-wp-production.imgix.net\/2022\/04\/Em1-2-scaled.jpg?w=1200&#038;h=800&#038;ixlib=react-9.3.0\" class=\"ff-og-image-inserted\" alt=\"image\" \/><\/div>\n<div class=\"e1nzmkc90 css-1s0j25g\">\n<p>Twitter\u2019s official agreement to be acquired by Elon Musk was disclosed in a Securities and Exchange Commission (SEC) filing Tuesday afternoon which includes an option for the company to terminate the sale for a more lucrative proposal.<\/p>\n<p>Twitter\u2019s board of directors unanimously approved on Monday a $44 billion definitive agreement to be acquired by Musk in which Musk will pay $54.20 per share to take control of the company.<\/p>\n<p>The deal disclosed in the SEC filing states that the deal may be terminated by either side if it has not been completed by October 24, 2022, or if Twitter\u2019s shareholders fail to adopt the Merger Agreement.<\/p>\n<p>\u201cTwitter may terminate the Merger Agreement in certain additional limited circumstances, including to allow Twitter to enter into a definitive agreement for a competing acquisition proposal that constitutes a Superior Proposal,\u201d The filing <a href=\"https:\/\/www.sec.gov\/ix?doc=\/Archives\/edgar\/data\/1418091\/000119312522120461\/d310843d8k.htm\">adds<\/a>. \u201cParent may terminate the Merger Agreement in certain additional limited circumstances, including prior to the adoption of the Merger Agreement by Twitter\u2019s stockholders if the Board recommends that Twitter\u2019s stockholders vote against the adoption of the Merger Agreement or in favor of any competing acquisition proposal.\u201d<\/p>\n<p><em><strong>This is a breaking news story; refresh the page for updates.\u00a0<\/strong><\/em><\/p>\n<p><em>The Daily Wire is one of America\u2019s fastest-growing conservative media companies for breaking news, investigative reporting, sports, podcasts, in-depth analysis, books, and entertainment for a reason: because we believe in what we do. We believe in our country, in the value of truth and the freedom to speak it, and in the right to challenge tyranny wherever we see it. Believe the same? <a class=\"in-cell-link\" href=\"https:\/\/utm.io\/ueuP8\" target=\"_blank\" rel=\"noopener\">Become a member now and join our mission<\/a>.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Twitter\u2019s official agreement to be acquired by Elon Musk was disclosed in a Securities and Exchange Commission (SEC) filing Tuesday afternoon which includes an option for the company to terminate<\/p>\n","protected":false},"author":102,"featured_media":1480595,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1454664","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1454664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/102"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1454664"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1454664\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1480595"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1454664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1454664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1454664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}