Whistleblower payment does not breach deal terms, says Twitter

Whistleblower payment does not breach deal terms, says Twitter

FILE PHOTO: People holding mobile phones are silhouetted against a backdrop projected with the Twitter logo in this illustration picture taken September 27, 2013. REUTERS/Kacper Pempel/Illustration/File Photo

Twitter Inc said on Monday payments made to a whistleblower did not breach any terms 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 letter to Twitter on Friday, 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 restricts when Twitter could make such payments.

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