Elon Musk warns of dropping Twitter deal if the data is not given

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Elon Musk has warned that he could quit his $44 billion deal buy Twitter Inc if the social media company fails to supply details on fake and spam accounts.

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Musk, a billionaire stated in a letter sent to Twitter on Monday. The letter stated that Twitter was in "clear material breach" of its obligations.

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It also stated it also said that Musk retains the right to end this merger deal.

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Elon Musk wIn the month of March Musk declared that he will put the agreement "temporarily put on hold".

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while waiting for the social media giant to release information on the percentage of fake accounts arns of dropping Twitter deal if the data is not given.

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"Musk believes that Twitter is openly refusing follow its obligations in the merger agreement.

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This raises suspicions that the company has a reason to withhold the requested information due to concerns about what Musk's study of the data might reveal," according to the letter.

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"Musk believes the company is actively resisting and thwarting his information rights," the letter sent by Musk's lawyers read.

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Twitter shares fell 5.5 percent to $37.95 in the morning trading.

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