Elon Musk's Twitter Saga is Not Over Yet
Twitter claps back at Elon Musk’s termination of $44B deal
Twitter responded to Elon Musk’s letter.
which outlined the reasons for terminating his $44 billion deal with twitter as social media company.
Twitter claims Musk’s decision to break the merger agreement is “invalid.”
Twitter also said in the letter in a recent filing submitted to the Securities and Exchange Commission.
Wachtell, Lipton, Rosen & Katz is representing Twitter as it prepares to file a lawsuit against Elon Musk, forcing him to seal his $44 billion deal.
Last week, Elon Musk submitted a SEC filing that would end his Twitter takeover.
His representatives from Sadden, Arps, Slate, Meagher & Flom LLP claimed that Twitter failed to provide data or information about the company.
Based on Twitter’s letter, the social media company seems to think it has provided adequate information to Musk’s team for the deal to push forward.
Read More Stories