The goal, in this case, will be for shareholders to vote on a proposal to approve the compensation it can pay certain executives in connection with the purchase, they said in a document.
Musk, for his part, said he was pulling out of the deal on July 8, blaming the site for breach the merger deal by misrepresenting the number of fake accounts that are kept online
Twitter sued days later, calling the claims about the fake accounts a distraction and saying Musk is bound by the merger contract to close the deal at $54.20 a share.
Meanwhile, the billionaire’s letter also asked the judge to immediately order what he called “essential documents”which required the company to produce all raw data before August 1 and that he demanded produce documents within 18 days of a request.
In this way, he was accused of refusing to immediately provide documents such as manuals and the relative policies to calculations of daily active users and artificial intelligence and “all the elements of the data room”.
Source: Ambito
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