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Elon Musk threatens to scrap Twitter deal over ‘breach’ of agreement
June 6, 2022, 1:33 p.m. | Jacob Kastrenakes
The Verge - All Posts www.theverge.com
Illustration by Kristen Radtke / The Verge; Getty Images
Elon Musk says that Twitter is in “clear material breach” of their $44 billion acquisition deal and that he could “terminate” the agreement in response. In a letter sent to Twitter this morning, Musk’s legal team claims that Twitter has failed to provide him with information on the service’s spam bot problem and that he’s entitled to receive that information under the deal agreement.
“Mr. Musk believes the company is actively …
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