• If Musk walks away from buying Twitter, the social media company can sue him for breach of contract.
  
  
  
• A buyer can’t simply walk away from a deal by paying a fee unless certain conditions apply.
  
  
  
• Musk may view putting the deal on hold as an opportunity to renegotiate price with Twitter.
  
  
  
• Elon Musk can’t just walk away from his deal to acquire Twitter by paying an agreed-upon $1 billion breakup fee. It’s not that simple.
  Musk tweeted Friday that he has decided to put his acquisition of Twitter “on hold” as he researches whether the amount of fake/spam accounts on Twitter is actually just 5%, as the company has long claimed.
  
  
  
  He followed that tweet with another reiterating that he is still committed to the acquisition.
  
  

8DonCo wrote:Elon Musk can’t just walk away from his Twitter deal by paying a $1 billion breakup fee

• If Musk walks away from buying Twitter, the social media company can sue him for breach of contract.
  
  
  
• A buyer can’t simply walk away from a deal by paying a fee unless certain conditions apply.
  
  
  
• Musk may view putting the deal on hold as an opportunity to renegotiate price with Twitter.
  
  
  
• Elon Musk can’t just walk away from his deal to acquire Twitter by paying an agreed-upon $1 billion breakup fee. It’s not that simple.
  Musk tweeted Friday that he has decided to put his acquisition of Twitter “on hold” as he researches whether the amount of fake/spam accounts on Twitter is actually just 5%, as the company has long claimed.
  
  
  
  He followed that tweet with another reiterating that he is still committed to the acquisition.