Federal authorities are 'investigating' Musk’s $44 billion Twitter deal

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Federal authorities are 'investigating' Musk’s $44 billion Twitter deal
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When will this ongoing saga end?

on Friday after a court filing was made public on Thursday.This would seem rather odd as at the beginning of the month, MuskMaking matters even stranger is the fact that while the filing said he was under investigation, it did not specify what the focus was.Twitter already sued Musk in July to force him to close the acquisition deal he had previously so eagerly agreed to.

In late September of 2022, however, Musk's attorneys did produce a "privilege log" that identified documents to be withheld including drafts of a 13 May email to the US Securities and Exchange Commission and a slide presentation to the Federal Trade Commission. After Musk made his latest offer, Twitter was reported to be considering whether to accept the proposal or not. This is partially due to the great distrust on both sides that led Twitter leaders to question whether the latest move by Musk was actually a legal maneuver.

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