CNBC’s David Faber surprised his fellow panelists on Monday by asserting that Elon Musk’s upcoming legal battle with Twitter over their nixed $44 billion takeover agreement could result in jail tim…
Faber made the bold claim during a discussion with fellow CNBC personalities Jim Cramer and Carl Quintanilla regarding Musk’s decision to walk away from the agreement due to concerns about spam bots within Twitter’s user base.only resulted in the company recouping a $1 billion breakup fee from Musk.
David Faber warned of potential jail time if Elon Musk ignored a judge’s decrees during the legal battle.was first to report on Faber’s remarks. The possibility of Musk refusing a court order to buy Twitter has already sparked speculation online.
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