"Section 6.4 of the Merger Agreement requires Twitter to provide Musk and his advisors with all data and information that Musk requests "for any reasonable business purposes related to the completion of the transaction, Twitter has failed to comply with its contractual obligations," the letter reads. published by the Securities and Exchange Commission, on behalf of Skadden Arps attorney Mike Ringler.
It is noted that the company failed or refused to provide relevant information.
In addition, Twitter sometimes ignored the businessman's requests or provided incomplete or unusable data.
Earlier, The Washington Post, citing three sources informed about the negotiations, reported that Elon Musk's purchase of the company was under "serious threat" due to the fact that the businessman came to the conclusion that it was impossible to establish how many fake users were on the social network.