In his latest attack on Twitter, delivered via a letter from his lawyer, Elon Musk accused the company of “refusing to comply” with his requests for information about bots and fake accounts, and threatened to pull his $44 billion takeover offer. Twitter agreed to accept Musk’s unsolicited bid in April. The weeks since the agreement have seen a steady stream of complaints from Musk, often via his Twitter account. Given that the Twitter board was unable to identify alternative suitors when Musk’s bid surfaced two months ago, Musk has gained leverage and has sought to whittle down the final price of the company. Another element in the mix is a decline in the share price of Tesla, the electric vehicle firm run by Musk, as investors have become concerned about Musk being spread thin. He also heads SpaceX. Musk has focused attention on the social network’s number of fake accounts, or “bots” and had asked the company to provide data about the issue. Musk’s attorney, Mike Ringler, signaled his dissatisfaction with Twitter in a letter this morning to Chief Legal Officer Vijaya Gadde. Ringler’s main point was that Musk is entitled to the information he requested because of the financing…
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Elon Musk Fires New Salvo At Twitter, Threatening To Pull Deal Over Company's “Refusal …
