May 06

Musk’s $44 Billion Twitter Buyout Under Antitrust Review, per Report

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The U.S Federal Trade Commission (FTC) is reviewing Tesla chief executive Elon Musk’s $44 billion takeover of Twitter Inc., per Bloomberg, citing a person familiar with the deal, following concerns it could threaten free speech. The agency is to decide by next month whether it will conduct an in-depth antitrust probe of the transaction which…

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