Elon Musk has accused Twitter of “resisting and thwarting” his inquiries about how many fake, or bot accounts are currently on the Twitter platform. Musk has been trying to get this information since his acquisition process for the platform began.
Musk has reportedly called Twitter’s unwillingness to provide the information a “clear material breach” to the terms of the agreement that is still under negotiation . As a result, Musk is reserving his right to not complete the transaction. In the letter to Twitter Chief Legal Officer Vijaya Gadde , Skadden attorney Mike Ringler for Musk said that “Mr. Musk reserves all rights resulting therefrom, including his right not to consummate the transaction and his right to terminate the merger agreement,” according to CNBC.
He said further that Twitter must provide the information that is being requested, and that the merger agreement requires it. Ringler disputed Twitter’s claim that they are […]
Excerpt Sourced From: thepostmillennial.com