Tesla CEO Elon Musk is raising another obstacle in his $44 billion bid to buy Twitter.
In an SEC filing released Monday morning, Musk’s counsel said Twitter has not coughed up adequate data on the company’s users, committing a “clear material breach” of the company’s obligations as part of its merger agreement.
Musk reserves all rights resulting therefrom, including his right not to consummate the transaction and his right to terminate the merger agreement.