Elon Musk said the deal to buy Twitter can’t go forward unless the company can show that less than 5% of accounts are fake or spam.
Musk said the company was in a"clear material breach" of its obligations and that he reserves all rights to end the merger agreement.
In March, Musk had warned he would put the $44 billion deal “temporarily on hold” while he waited for data from Twitter. In the letter submitted on Monday, Musk’s lawyers said that he believes the company “is actively resisting and thwarting his information rights.”
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Elon Musk feud with Bill Gates boils over to TwitterTesla CEO Elon Musk's Twitter feud with billionaire Bill Gates boiled over onto Twitter on Saturday after Gates claimed to have done more to fight climate change.
Leer más »
Elon Musk accuses Twitter of breaching contract over spam botsElon Musk on Monday accused Twitter of breaching its contract with him by failing to provide information about spam accounts — and once again threatened to back out of his $44 billion takeover deal…
Leer más »
Elon Musk threatens to back out of Twitter deal over bot estimates | EngadgetElon Musk says Twitter is violating merger terms through a lack of bot account data..
Leer más »
Elon Musk threatens to call off $44B Twitter acquisitionDETROIT (AP) — Elon Musk is threatening to walk away from his $44 billion bid to buy Twitter, accusing the company of refusing to give him information about its spam bot accounts. Lawyers for the Tesla and SpaceX CEO made the threat in a letter to Twitter dated Monday. That letter was included in a filing from Twitter with the Securities and Exchange Commission.
Leer más »
Elon Musk argues he has the right to pull out of Twitter dealBillionaire Elon Musk hasn’t ruled out the option to pull out of the deal to buy Twitter as he insists the company is required to share more user data.
Leer más »
Elon Musk threatens to walk away from Twitter dealElon Musk is threatening to end his $44 billion agreement to buy Twitter, accusing the company of refusing to give him information about its spam bot accounts.
Leer más »