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Twitter says it has not breached merger agreement with Elon Musk

By:
Reuters
Updated: Jul 11, 2022, 21:21 UTC

(Reuters) - Twitter Inc said on Monday it has breached none of the obligations under a merger agreement with Tesla Inc Chief Executive Officer Elon Musk.

Traders work on the floor of the NYSE in New York

(Reuters) -Twitter Inc said on Monday it has breached none of the obligations under a merger agreement with Tesla Inc Chief Executive Officer Elon Musk.

Musk said on Friday he would seek to end his $44 billion deal because the social media company had breached multiple provisions of the agreement.

(Reporting by Chavi Mehta in Bengaluru)

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