Elon #Musk finally backs out of the deal to purchase #Twitter, citing unresolved questions about #bots and #spammers.
> "I'd say Twitter is well-positioned legally to argue that it provided him with all the necessary information and this is a pretext to looking for any excuse to get out of the deal," said Ann Lipton, associate dean for faculty research at Tulane Law School.
Now, I don't know whether this person has expertise in contract law and has read the agreement, so I cannot guess as to the result of the legal battle that will come out of this.
> In a filing, Musk's lawyers said Twitter had failed or refused to respond to multiple requests for information on fake or spam accounts on the platform, which is fundamental to the company's business performance.
> "Twitter is in material breach of multiple provisions of that Agreement, appears to have made false and misleading representations upon which Mr. Musk relied when entering into the Merger Agreement," the filing said.