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in Tech

Twitter says Musk’s request to terminate the deal is invalid

by Editor July 11, 2022, 10:00 pm 1.8k Views

Tesla shares dip on Elon Musk's plans to cut workforce

Elon Musk, during an event at SpaceX headquarters in Hawthorne, California, U.S., on Thursday, Oct. 10, 2019.

Bloomberg /Getty

Twitter said Monday in a letter that Elon Musk’s bid to terminate his proposed $44 billion acquisition of the social media company is “invalid and wrongful.”

The letter, addressed to Musk’s lawyers, followed the Tesla CEO’s declaration on Friday that he plans to scrap the deal over allegations that Twitter undercounts…

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