Does the US government entail legal capacity to review Musk's Twitter takeover?
Tesla CEO Elon Musk shocked the entire globe with his decision to take over Twitter. While the deal initially fell apart, it managed to finally come through. This $44 billion acquisition, however, entailed the involvement of several investors across the globe. Since this purchase involved foreign governments, as well as investors, Treasury Department officials, began checking to see if they had the authority to review Musk’s Twitter takeover. JUST IN: 🇺🇸 US government is exploring whether it has legal authority to review Elon Musk 's Twitter acquisition, Washington Post reports. — Watcher.Guru (@WatcherGuru) November 2, 2022 The Washington Post reported that it was quite usual to investigate whether a review was necessary, although these preliminary investigations frequently do not result in a complete probe. It should be noted that the Treasury officials were still unsure about the level of access these large investors had. In addition to thi...