(Reuters) - Elon Musk has said he intends to terminate his $44 billion deal to buy Twitter (NYSE:TWTR) because the social media company had breached multiple provisions of the merger agreement.

Twitter said it would pursue legal action to enforce the deal.

Below is a snapshot of the Twitter takeover saga.

Date Development Twitter

share

reaction

April 4 Elon Musk discloses over 9% stake in Jumps as

Twitter much as

31%

April 5 Twitter says Musk will join company's Rises over

board 9%

April 10 Musk says he will not join Twitter Falls 3.3%

board

April 14 Musk offers $54.20/share, a 38% Rises 6%

premium to Twitter's April 1 closing

price

April 15 Twitter adopts poison pill to protect Gains 1.4%

company from takeover in next

session;

trails

offer by

13%

April 21 Musk lines up $46.5 billion in Adds 2.6%,

financing for the deal but still

trails

Musk's

offer by

11.5%

April 25 Twitter board accepts Musk's offer Climbs

~7%;

trades

3.5% below

offer

price

April 29 Musk sells Tesla (NASDAQ:TSLA) shares worth over $8 Rises

billion in a bid to finance takeover 2.3%;

trades

7.3% below

offer

price

May 2 Musk seeks to get more external Falls 0.8%

investors in the

next

session;

trades

~10% below

offer

price

May 5 Musk discloses $7.14 billion funding; Rises

sources tell Reuters that Musk could 4.4%;

temporarily lead Twitter after deal trades

closes 5.5% below

offer

price

May 11 Twitter co-founder Jack Dorsey says he Falls ~6%

will not return as CEO if offered in the

next

session;

trades 20%

below

offer

price

May 13 Musk says Twitter deal on hold pending Drops 11%

review of spam and fake accounts. before

Later tweets that he remains committed paring

to the deal losses;

trades 26%

below

offer

price

May 25 Twitter investors vote against Rises ~6%

re-electing Elon Musk ally to board in the

next

Musk pledges more equity to fund session;

Twitter deal, scraps margin loan trades 27%

below

offer

price

May 26 Musk sued by Twitter investors for Rises ~6%;

stock 'manipulation' during takeover trades 27%

bid below

offer

price

May 27 SEC looking into Musk's Twitter stake Rises 1%;

purchase trades 26%

below

offer

price

Musk threatens to walk

June away from the buyout deal if Twitter Drops 4%;

6 fails to provide data on spam and fake trades 29%

accounts below

offer

price

July 8 Musk said he is terminating the deal

because Twitter breached multiple Falls 7%

provisions of the merger agreement. in

extended

trading