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Elon Musk under investigation by US agency for $44bn takeover of Twitter (www.theguardian.com)

submitted 1 year ago by aquarisces@lemmy.world to c/technology@lemmy.world

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[-] 520@kbin.social 6 points 1 year ago

They are investigating him for purchasing 9.2% of the stock without disclosing it appropriately. The article has good details, you might try reading it.

Specifically the 9.2% that made him majority shareholder. And Twitter tried to sue over the late filing but that lawsuit got dismissed.

this post was submitted on 06 Oct 2023

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