Musk expects Twitter to give him data that will help him facilitate his evaluation of spam and fake accounts. The complications that have risen since however indicate that Elon Musk may not buy Twitter after all.
According to a letter issued Monday morning by his lawyers to Twitter general counsel Vijaya Gadde, Elon Musk has the "right not to consummate" his purchase of Twitter and the "right to terminate the merger agreement."
Why it makes a difference: Although Musk has been tweeting about the purchase being "on hold" for sometime, this is his first official, legal indication that his arrangement to buy Twitter is anything other than legally watertight.
Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of usershttps://t.co/Y2t0QMuuyn
Between the lines: Musk's letter purports to be about a data issue. Musk expects Twitter to give him data that will help him "facilitate his evaluation of spam and fake accounts on the company's platform."
The big picture: T...