Twitter Chairman Bret Taylor responded saying the board is still committed to the terms of the agreement and 'plans to pursue legal action to enforce the merger agreement.'
in Musk's rollercoaster bid to acquire the social media platform, with the Tesla CEO previously threatening to end his agreement over concerns about the prevalence of bot and spam accounts.
Twitter Chairman Bret Taylor responded Friday that the board is still committed to the terms of the agreement. On May 13, he said his plan to buy Twitter is "temporarily on hold," citing concerns about spam accounts. He shortly clarified that he remained "committed to acquisition," though the price of Twitter shares closed more than 9% down that same day.
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