Elon Musk accuses Twitter of withholding information, threatens to end the deal

Elon Musk’s acquisition of Twitter has hit another speed bump – the deal is on hold while Musk and his team are trying to estimate the proportion of fake accounts (bots), but to do so they need access to additional data from the company. Data that Twitter has apparently refused to provide.

Now Musk is threatening to walk away from the deal. In a letter to the SEC, his attorney, Mike Ringler, writes “This is a clear material breach of Twitter’s obligations under the merger agreement and Mr. Musk reserves all rights resulting therefrom, including his right not to consummate the transaction…

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