Twitter lawyers called Musk’s cancellation of the deal “invalid and illegal.”

- Advertisement -


AT letter to SESTwitter lawyers at Wachtell, Lipton, Rosen & Katz said Elon Musk’s termination of the acquisition was “void and wrongful.”

- Advertisement -

This comes after Musk and his lawyers said last week that they kill the deal acquire a social network claiming that it makes “false and misleading representations”.

- Advertisement -

“Contrary to the assertions in your letter, Twitter has not breached any of its obligations under the Agreement, and Twitter has not been, and is unlikely to be, affected by a Material Adverse Effect on the company. The proposed termination is void for the independent reason that Mr. Musk and other parties to Musk knowingly, willfully, willfully, and materially violated the Agreement,” Twitter said in a letter.

The company demanded that “Mr. Musk and the other Musk Parties are in compliance with their obligations under the Agreement.”

- Advertisement -

Since last month, Musk and Twitter have been at odds over the amount of spam and fake accounts on the platform, with Twitter claiming the number is less than 5% of users. While the company provided Musk’s team “fire hose” access to your dataTesla’s CEO team stated that “these APIs contain a rate limit lower than what Twitter provides to its largest enterprise customers.”

Twitter shares fell more than 10% after Musk’s announcement that he was canceling the deal. A Bloomberg report notes that the social media company seeks to sue against musk this week.


Credit: techcrunch.com /

- Advertisement -

Stay on top - Get the daily news in your inbox

DMCA / Correction Notice

Recent Articles

Related Stories

Stay on top - Get the daily news in your inbox