Twitter pushes back after Elon Musk files third termination notice for $44B acquisition

대한민국 뉴스 뉴스

Twitter pushes back after Elon Musk files third termination notice for $44B acquisition
대한민국 최근 뉴스,대한민국 헤드 라인

Elon Musk's legal team claims Twitter's $7.75 million in severance payments to its former security chief and his counsel violated the acquisition agreement.

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against Elon Musk after the billionaire filed a third termination notice accusing the company of breaching its obligations under his $44 billion acquisition agreement.

The social media platform called the third termination notice "invalid and wrongful" and said it has "breached none of its representations or obligations under the Agreement," "As was the case with each of your prior purported terminations, the Musk Parties third purported termination is invalid for the independent reason that Mr. Musk and the other Musk Parties continue to knowingly, intentionally, willfully, and materially breach the Agreement," Twitter said.

On Friday, Musk's legal team claimed Twitter did not seek their consent before making severance payments on June 28 to its former security chief Peiter "Mudge" Zatko and his counsel totaling $7.75 million. filed with the Securities and Exchange Commission. "Defendants are thus not required to close under Section 7.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

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Believe or not. If Elon Musk gets Tweeter, her business in China will be likely vanished. Or Mr. Musk becomes a dictator. Just watch these days' tweets about China. Wow!

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