Elon Musk told banks he will rein in Twitter pay, make money from tweets : Rashtra News #Elon #Musk #told #banks #rein #Twitter #pay #money #tweets Elon Musk told banks that agreed to help fund his $44 billion acquisition of Twitter Inc that he could crack down on executive and board pay at the social
Elon Musk is suing law firm Wachtell, Lipton, Rosen & Katz, claiming it exploited Twitter by accepting a $90 million fee for defeating his bid to walk away from a $44 billion buyout. Musk wants to recoup the excess fees charged by the law firm
The world s richest person, who also runs Tesla Inc and SpaceX, called the $90 million payout "unconscionable," given that Wachtell, Lipton, Rosen & Katz had billed less than one-third that sum for its few months of work on the Delaware lawsuit.