Musk Is Barred From Disparaging Twitter When Tweeting About Deal
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Elon Musk isn’t allowed to post tweets about his deal to buy Twitter Inc. if they “disparage the company or any of its representatives,” according to a new securities filing following Monday’s $44 billion takeover agreement.
The stipulation was part of a filing Tuesday with details of the transaction, including a section on “public announcements” that had a limitation on what Musk can tweet. The billionaire is a prolific user of Twitter and has continued to post dozens of tweets during the buildup and aftermath to his buyout deal.