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Elon Musk writes letter to Twitter to terminate takeover bid worth £37,000,000,000
Elon Musk has formally written to Twitter to terminate his proposed $44billion (£37.75bn) takeover bid. Documents from the US Securities and Exchange Commission (SEC) have revealed that the Tesla CEO's legal team filed a Schedule 13D document on Monday (August 29), confirming that he had formally notified Twitter of his decision.
