Elon Musk Gives Reasons For Terminating Twitter Deal
Elon Musk Gives Reasons For Terminating Twitter Deal
Twitter has shared a letter it received from Elon Musk’s legal team indicating displeasure with the company’s offered information regarding the level of “spam and fake accounts” on its service.Jamb Result
In a fresh SEC filing on Friday July 8, Elon Musk’s lawyer wrote a letter to Twitter’s Chief Legal Officer, Vijaya Gadde.
👉 Relocate to Canada Today!
Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to CanadaRead Other Top News:
- BREAKING: Emmanuella Reacts To Rumors Of Ned Nwoko Receiving Her Marriage List
- Fans react as Davido reveals why money or success can’t change him
- Kizz Daniel booed off stage by angry fans
- “Funke Akindele not Jando’s running mate”- PDP denies
The letter reads, “MR. MUSK IS TERMINATING THE MERGER AGREEMENT BECAUSE TWITTER IS IN MATERIAL BREACH OF MULTIPLE PROVISIONS OF THAT AGREEMENT, APPEARS TO HAVE MADE FALSE AND MISLEADING REPRESENTATIONS UPON WHICH MR. MUSK RELIED WHEN ENTERING INTO THE MERGER AGREEMENT, AND IS LIKELY TO SUFFER A COMPANY MATERIAL ADVERSE EFFECT.”Jamb Result
Musk repeatedly claimed that Twitter is likely misleading investors and users about the number of automated accounts on its platform, which the company has long estimated to be under 5 percent.
(GISTLOVER)
Check and Confirm: How much is Dollar to Naira Today Pounds to Naira Today
