On Monday (08.22.2022) Elon Musk sent Jack Dorsey, co-founder and former CEO of Twitter, a court order to provide materials to help him exit the social network’s $44,000 million purchase agreement.
Documents released on Monday show that Dorsey has received a legal order urging him to turn over any communications or documents related to the acquisition deal signed in April to Musk.
In addition, you must provide information about the number of spam, fake accounts or how Twitter counts the number of active users.
Musk, the owner of car maker Tesla, accuses Twitter of fraud for allegedly sharing disinformation with him about key aspects of his business, such as the number of bot accounts, which the social network estimates to be less than 5 percent of users.
Sorry to walk away from the deal
Twitter accuses Elon Musk of creating an excuse to escape a deal he no longer likes.
Dorsey, who co-founded Twitter and headed the company until last November, backed an intention to buy Musk at the time.
The deal included a clause that if the deal failed, the offending party would have to pay the $1 billion termination clause under certain circumstances.
Twitter urged its shareholders to take advantage of the deal, and set a vote on the merger for September 13.
mg (afp, AP)
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