Twitter Lawyers Say Musk’s Termination Of The Deal Is Invalid And Wrongful
Jul 14, 2022 ·
2m 25s
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Description
Twitter’s lawyers from the firm Wachtell, Lipton, Rosen & Katz said Elon Musk’s termination of the acquisition deal was invalid and wrongful. This comes after Musk and his lawyers said...
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Twitter’s lawyers from the firm Wachtell, Lipton, Rosen & Katz said Elon Musk’s termination of the acquisition deal was invalid and wrongful.
This comes after Musk and his lawyers said last week that they’re killing the deal to acquire the social network alleging it of making false and misleading representations.
They said the purported termination is invalid for the independent reason that Mr. Musk and the other Musk Parties have knowingly, intentionally, willfully, and materially breached the Agreement.
The company demanded that Mr. Musk and the other Musk Parties comply with their obligations under the Agreement.
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This comes after Musk and his lawyers said last week that they’re killing the deal to acquire the social network alleging it of making false and misleading representations.
They said the purported termination is invalid for the independent reason that Mr. Musk and the other Musk Parties have knowingly, intentionally, willfully, and materially breached the Agreement.
The company demanded that Mr. Musk and the other Musk Parties comply with their obligations under the Agreement.
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Organization | Africa Business Radio |
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