Musk misconduct allegation won’t stop Twitter deal, experts say

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Musk misconduct allegation won’t stop Twitter deal, experts say
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A report on a sexual misconduct allegation against Elon Musk is unlikely to affect his deal to buy Twitter, experts say.

from a flight attendant who worked on a private jet in 2016 is unlikely to affect Musk’s deal to buy Twitter, experts in corporate acquisitions said Friday, after Musk’s critics called for him to face consequences.SpaceX had paid a flight attendant $250,000 in severance

Musk denied the accusation in a series of posts on Twitter Thursday evening and Friday morning, calling it “utterly untrue” and saying “it never happened.” He said the Insider report was a “hit piece” designed “to interfere with the Twitter acquisition.” It is theoretically possible but very unlikely that the allegation against Musk could cause Twitter shareholders to reject the acquisition inMusk has agreed to pay $54.20 a share, or 42 percent more than what Twitter shares were selling for Friday.

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