This is a breaking news story... please check back later for possible updates.
Mega-billionaire Elon Musk, the world's richest person, on Friday officially moved to pull out of his bid to buy Twitter, claiming he was bailing on the $44 billion deal because the social media giant made "false and misleading claims" during negotiations and was in "material breach of multiple provisions" of the agreement.
"For nearly two months, Mr. Musk has sought the data and information necessary to 'make an independent assessment of the prevalence of fake or spam accounts on Twitter’s platform,'" Musk's team explained in a filing. "Twitter has failed or refused to provide this information."
Response to the breaking news included rebuke from progressives like Rep. Chuy García (D-Ill.) who tweeted, "Hey Elon Musk, don't let the door hit you on your way out."
This content originally appeared on Common Dreams - Breaking News & Views for the Progressive Community and was authored by Brett Wilkins.