Twitter was in a “clear material breach” of its obligations and that Musk reserves all rights to terminate the merger agreement, the letter said.in writing as opposed to airing it on Twitter’s social media platform.
Earlier in March, Musk said he would put the deal “temporarily on hold”, while he waits for the social media company to provide data on the proportion of its fake accounts. A self proclaimed free-speech absolutist, Musk has questioned the accuracy of Twitter’s public filings about spam accounts representing less than 5% of its user base, claiming they must be at least 20%.
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