Musk said Twitter breached multiple provisions of a $44 billion merger agreement struck in April, including by failing to turn over sufficient data on spam accounts and letting go of some executives and recruiters. Twitter's chairman said the board planned to pursue legal action to enforce the deal.
But Musk's now-reneged offer also marks a 36% premium https://tmsnrt.rs/3aoza2X for the company's shares and could mean a big payday for employees and other shareholders. Reuters could not independently verify the information in their profiles, and they did not immediately respond to requests for comment through private messages.
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