After Elon Musk notified Twitter thatthat he wanted to exit the $44 billion acquisition of the company, employees were instructed not to comment publicly on the deal. An internal memo from Twitter's general counsel, obtained by The Verge, said employees should “refrain from sharing any comments about the merger agreement”. Discuss
Musk's team claims Twitter "is notprovided or refused to provide information about the number of bots on its platform," and Twitter's board of directors announced it was suing Musk to ensure the deal goes through as originally agreed.
Below you can read the translated memo that Sean Edgett, General Counsel for Twitter, sent out to employees on Friday.
Team,
Today we received notice of a proposed deal termination from Elon Musk, and the Twitter board of directors issued the following statement in response:
"Twitter's Board of Directors is committed toto complete the transaction at the price and terms agreed to by Mr. Musk and plans to seek legal action to enforce the merger agreement. We are confident that we will prevail in the Delaware Chancery Court."
Given that this is an ongoing legal issue, yourefrain from Twitter, Slackline, and any comment on the merger agreement. We will continue to share information when we can, but please know that we will be very limited in what we can share at this time.
I know this is an uncertain time and we appreciate your patience and continued dedication to the important work we are doing right now.
Sean EdgettGeneral Counsel Twitter