Elon Musk says he’s Terminating Twitter Deal, Twitter says it will Sue

(Photo by Dimitrios Kambouris/Getty Images for The Met Museum/Vogue)

SAN FRANCISCO (AP) – Elon Musk’s tumultuous $44 billion bid to buy Twitter is on the verge of collapse – after the Tesla CEO sent a letter to Twitter’s board saying he is terminating the acquisition.

Twitter says it will sue Musk to complete the merger he just rejected and is “confident” it will prevail.

The possible unraveling of the deal is just the latest twist in a saga between the world’s richest man and one of the most influential social media platforms.

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