New York:
Twitter shares plunged Monday after Elon Musk announced the withdrawal of his $44 billion takeover bid, setting the stage for a potential legal brawl.
Shares in the social media giant ended down 11.3 percent at $32.65 in the first session after Musk revealed late Friday he was dropping the takeover plan.
Musk followed up on Sunday night with a pair of mocking tweets after the company said it would sue the billionaire entrepreneur to force the deal to go through.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
COMMENTS
Advertisement
Elon Musk Shares "Men Don't Belong In Women's Sports" Post Amid Gender Row "If I Win, He Resigns. If He Wins...": Elon Musk Dares Venezuela President Nicolas Maduro Venezuela's Nicolas Maduro, Elon Musk Battle It Out Online India Picks 'Prime Astronaut' For Indo-US Mission To Space Station Industrialist Sajjan Jindal To Gift This Car To Every Indian Olympic Medalist "Didn't Challan Water?" Court Jabs Delhi Cops, CBI To Probe Basement Deaths Hero MotoCorp Sells Over 3.70 Lakh Scooters & Motorcycles In July 2024 772 New Train Services, 100 Vande Bharats, Began In 5 Years: Rail Minister "There Is A Conspiracy To Put Me In Prison": DK Shivakumar Track Latest News Live on NDTV.com and get news updates from India and around the world.