Elon musk won't buy twitter, terminating $44 million deal

"Twitter has fizzled or wouldn't give this data. In some cases Twitter has disregarded Mr. Musk's solicitations, in some cases it has dismissed them

because of reasons that seem, by all accounts, to be outlandish, and at times it has professed to go along while giving Mr. Musk deficient or unusable data," the letter said.

It likewise said the data is essential to Twitter's business and monetary execution, and completing the consolidation agreement is required.

"This is a debacle situation for Twitter and its board," Wedbush examiner Dan Ives composed Friday in a note to financial backers.

He anticipated a long court battle by Twitter to either reestablish the arrangement or get a $1 billion separation expense that was determined in the agreement.

"From the very start this was generally a head scratcher to pursue Twitter at a $44 billion sticker price for Musk and never sounded good to the Street,

presently it closes (until further notice) in a Twilight Zone finishing with Twitter's Board back against the wall and

numerous on the Street scratching their head around what is straightaway."