Elon Musk No Longer Wants To Buy Twitter, Will Be Sued To Take The Deal via insideevs
The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement. We are confident we will prevail in the Delaware Court of Chancery.On the other hand, in a recent statement submitted with the U.S. Securities & Exchange Commission, Musk’s legal team notes that the Twitter did not supply information about spam accounts in due time.
Since then, Mr. Musk has provided numerous additional follow-up requests, all aimed at filling the gaps in the incomplete information that Twitter provided in response to his broad requests for information relating to Twitter’s reported mDAU counts and reported estimates of false and spam accounts.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Twitter lays off a third of its recruiting team amid Elon Musk takeover dramaInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Les mer »
Twitter says it removes 1 million spam accounts a day amid tussle with Elon MuskTwitter said it removes 1 million spam accounts each day in a call with executives Thursday during a briefing that aimed to shed more light on the company's fake and bot accounts as it tussles with Elon Musk over 'spam bots.'
Les mer »
Elon Musk officially tries to bail on buying TwitterBreaking: Elon Musk is officially trying to bail on buying Twitter
Les mer »
Elon Musk Says He is Terminating Twitter DealThe tech entrepreneur says he is terminating his agreement to buy Twitter Inc. because the company “is in material breach of multiple provisions of that agreement.”
Les mer »