Twitter Stock Slid 4% in Morning Trading

Tiger Newspress2022-06-06

Twitter Stock Slid 4% in Morning Trading.

Elon Musk, in a letter to Twitter, says Twitter’s latest offer to simply provide additional details regarding its own testing methodologies is "tantamount to refusing" data requests.

"Based on Twitter’s behavior to date, and the company’slatest correspondence in particular, Mr. Musk believes the company is actively resisting and thwarting his information rights (and the company’s corresponding obligations) under the merger agreement," according to a letter from Musk's lawyers ina new 13D filing."This is a clear material breach of Twitter’s obligations under the merger agreement and Mr. Musk reserves all rights resulting therefrom, including his right not to consummate the transaction and his right to terminate the merger agreement."

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Comments

WifeWhyWhy
2022-06-07
WifeWhyWhy
Ok
Home22
2022-06-06
Home22
😱
All in Tesla
2022-06-06
All in Tesla
Not worth getting TWTR..
Justin8991
2022-06-06
Justin8991
Ok
Justin8991
2022-06-06
Justin8991
Ok
Fatfish
2022-06-06
Fatfish
May not buy afterall?

Leave a comment

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