Texas AG Launches Investigation into Twitter, Alleges Company Lied about Number of Bots

Elon Musk said in an amended 13D filing that he believes Twitter is breaching their merger agreement by not providing information about spam and fake accounts.

Musk said he believes Twitter is “actively resisting and thwarting his information rights” by refusing to disclose the information

This prompted a 7% hammering in TWTR stock before the bell.

 

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