Twitter calls Elon Musk's third attempt to scrap acquisition invalid ahead of key shareholder vote

Twitter said Monday that payments to a whistleblower did not breach immoderate of its obligations nether the $44 cardinal acquisition projected by Elon Musk, aft the billionaire sent a 3rd missive to effort to telephone disconnected the deal.

The societal media elephantine said it intends to enforce the statement and adjacent the transaction connected the terms and presumption agreed upon with Musk, according to a Securities and Exchange Commission filing.

Twitter shareholders volition ballot connected Tuesday connected whether to o.k. oregon cull Musk's takeover bid.

Twitter's committee of directors has previously urged its shareholders to o.k. the company's merchantability to Musk.

On Friday, Musk's ineligible squad sent a missive to Twitter, citing different crushed to telephone disconnected the projected acquisition. Musk's squad alleged that the multimillion dollar outgo Twitter paid to whistleblower Peiter "Mudge" Zatko violated the presumption of the deal.

Zatko past period alleged "extreme, egregious deficiencies" by the societal media institution related to privacy, information and contented moderation.

Musk's latest missive is his 3rd effort to telephone the Twitter woody off.

The Tesla CEO's ineligible squad archetypal filed a announcement connected July 8 with the SEC to terminate the Twitter acquisition, alleging that "Twitter has not complied with its contractual obligations."

A travel up missive connected Aug. 29 cited allegations made by Zatko arsenic a crushed wherefore the woody should not spell ahead.

In Friday's letter, Musk's ineligible squad said an alleged $7.75 cardinal severance outgo to Zatko from Twitter is different breach of the takeover agreement.

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