Twitter Pledges to ‘Enforce’ Agreement with Elon Musk

Twitter’s board said that it plans to “close the transaction and enforce the merger agreement” between Elon Musk and Twitter, the New York Times reports.

“Mr. Musk’s increasingly skeptical — and erratic — comments about the takeover have kept investors, bankers and Twitter itself guessing about his motives. Some analysts figure that the 50-year-old is trying to drive down the acquisition price or walk away from the deal altogether. Many were unnerved by his methods, with market-moving pronouncements made off the cuff at conferences or in emoji-laden tweets in the middle of the night.”