Twitter is not on the same page as Elon Musk when it comes to his newly official attempt to back out of his proposed $44 billion acquisition of the company. The company issued a brief formal statement regarding Musk’s merger termination attempt, which relies on the prodigious breeder‘s assertion that Twitter misled him about the extent of its bot problem when he entered into the deal.
Twitter’s single paragraph, two sentence response read as follows:
We are committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plan to pursue legal action to enforce the merger agreement. We are confident we will prevail in the Delaware Court of Chancery.
The statement pretty much exactly mirrors a tweet sent out by Twitter board chair and Salesforce co-CEO Bret Taylor, so it’s clear the approach is one Twitter likel …
