Musk finds another excuse not to buy Twitter

Musk finds another excuse not to buy Twitter

© APA / AFP / Angela Weiss / Angela Weiss

Tesla Boss Elon Musk sees in a million settlements Twitter For the fired whistleblower, another justification for canceling the takeover. This comes from a letter from Musk’s lawyers on Friday.

Twitter failed to get Musk’s approval before the company 7 million dollars to your former security chief Peter Zatko and paid $750,000 to his lawyers. In addition, Twitter
Violating the acquisition agreement, which limits such payments. So Musk is not obligated to complete the acquisition. No comment was initially available from Twitter.

In January, Zatko, who made a name for himself as a hacker as “Muj”, was fired from Twitter. According to Musk’s lawyers, his severance pay was paid in late June as part of a settlement between Twitter and Zatco.

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Musk announced in April he wanted Twitter for $44 billion Capture. In July, he then announced that he would not complete the purchase, referring to Twitter’s alleged false statements about the number of fake accounts on the platform.

In August, Zatco said in a complaint that Twitter incorrectly stated that it had a sound security plan. Musk cites this as another reason not to buy it.

Musk and Twitter have sued each other Twitter wants a Delaware court to order the billionaire to sell the deal $54.20 per share accomplish. Musk is seeking an injunction to be able to close the purchase, not the agreed-upon contractual penalty for the case. a billion dollars will have to pay. The hearing will begin on October 17.

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