Business Insider: Musk Postpones Twitter Purchase Awaiting Putin’s Speech
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American businessman Elon Musk decided to postpone the purchase of Twitter in May due to the upcoming speech by Russian President Vladimir Putin on the occasion of Victory Day. This became known from his correspondence with the banker who dealt with the agreement. In it, Musk noted that the deal would not make sense if “the world is approaching a third world war.”
As a result, the entrepreneur asked to slow down the deal “only for a few days.” “Putin’s speech tomorrow is really important,” the publication reports on the circumstances of the correspondence. business insider.
The lawyers of the social network emphasized that these statements by Musk indicate that the refusal to buy the platform was due to concern for personal finances, and not at all Twitter’s failure to comply with its obligations.
In August Billionaire Wins Twitter Trial. Now the company will have to provide the businessman with files from the ex-general manager of spam and bot accounts requested by Musk during the deal to buy the social network.
Musk entered into an agreement with Twitter to acquire the company on April 25, 2022 for $44 billion. The deal was supposed to close before the end of this year. However, on July 9, the billionaire refused it. Musk said that Twitter violated the provisions of the agreement.
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