Twitter responds to Musk's letter, says it did not breach deal obligations
Twitter logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. REUTERS/Dado Ruvic/Illustration
Twitter Inc said on Monday payments made to a whistleblower did not breach any conditions of its $44 billion buyout by Elon Musk, after the world's richest man cited the move as another reason to scrap the deal.
In a Friday letter to Twitter, lawyers for Musk said Twitter's failure to seek his consent before paying $7.75 million to whistleblower Peiter Zatko and his lawyers violated the merger agreement, which restricted when Twitter could make such payments.
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