Twitter has lawyers Elon Musk for trying to bail out a $44 billion takeover of the company. Following Musk’s official announcement that he wants to terminate the contract, the company said on Friday that it was prepared to pursue legal action against him. Now, a Along with the SEC, Twitter went further, calling Musk’s actions “wrong and wrong.”
Musk and his lawyers before The company makes “false and inaccurate” statements about the number of bots and fake accounts on its site. Without providing evidence, they said the number of bots could be “rapidly higher” than what Twitter said.
Now, Twitter lawyers have responded. In a letter to Musk’s lawyers, Twitter denies backing out of the deal. In fact, it says, Musk himself “knowingly, willfully, willfully, and materially breached the contract.” It mentions, among other provisions, the clause banning musk Twitter or its employees.
The filing is the latest sign of what Twitter can become Legal battle with Musk The board of the facing company, a Twitter’s share price has taken a hit since the story with Musk began, and it has said it will sue Musk in an attempt to force it to comply with the deal. The company is also hiring A law firm specializing in corporate mergers. But a legal battle is more about whether Musk will actually own Twitter
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