Elon Musk, all the way through an tournament at SpaceX headquarters in Hawthorne, California, U.S., on Thursday, Oct. 10, 2019.
Bloomberg /Getty
Twitter stated Monday in a letter that Elon Musk’s bid to terminate his proposed $44 billion acquisition of the social media corporate is “invalid and wrongful.”
The letter, addressed to Musk’s legal professionals, adopted the Tesla CEO’s declaration on Friday that he plans to scrap the deal over allegations that Twitter undercounts the collection of unsolicited mail accounts on its carrier, amongst different causes.
Musk’s legal professionals claimed in Friday’s letter that Twitter breached its responsibilities associated with the purchase by means of allegedly failing to offer Musk with the guidelines essential to calculate the collection of unsolicited mail accounts at the carrier.
Then again, Twitter legal professional William Savitt of the legislation company Wachtell, Lipton, Rosen & Katz wrote in Monday’s letter that “Twitter has breached none of its responsibilities underneath the Settlement.”
Savitt stated Twitter the settlement stays in impact.
“Because it has finished, Twitter will proceed to offer knowledge somewhat asked by means of Mr. Musk underneath the Settlement and to diligently take all measures required to near the transaction,” he wrote.
Savitt added that “Twitter reserves all contractual, prison, and different rights, together with its proper to particularly put in force the Musk Events’ responsibilities underneath the Settlement.”
Legal professionals advising Musk in this deal and comparable issues didn’t straight away reply to a request for remark.
WATCH: Elon Musk backs out of Twitter deal
