Musk Cites Twitter Whistleblower in Seeking to Scrap Deal

by | Aug 30, 2022 | Business

Lawyers for Elon Musk sent a new letter to Twitter again seeking to terminate his $44 billion agreement to buy the social-media platform, this time citing recent allegations made by whistleblower Peiter Zatko, Twitter’s former chief security officer.Mr. Musk and his lawyers initially sent a letter to Twitter on July 8 seeking to abandon the deal, though Twitter has since challenged the validity of that notice. Last month, Twitter sued Musk over his attempt to walk away from the deal. A five-day nonjury trial is scheduled to take place in Delaware Chancery Court in October.

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