Twitter tells Musk his attempt to bail on $44 billion acquisition is ‘invalid and wrongful’
at Elon Musk for his attempt to bail on his $44 billion takeover of the company. The company said Friday, immediately following Musk’s official notice that he wanted to terminate the deal, that it was prepared to pursue legal action against him. Now, in aMusk and his lawyers previouslythe company of making “false and misleading” statements about the number of bots and fake accounts on its platform.
Now, Twitter’s lawyers have responded. In a letter to Musk’s attorneys, Twitter denies that it has reneged on its side of the agreement. In fact, it goes on to state that Musk himself has “knowingly, intentionally, willfully, and materially breached the Agreement.” It cites, among other provisions, the clause that stipulates Musk is barred from
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