Executives at Twitter Inc. told employees on Thursday that the $44 billion deal to sell the company to billionaire Elon Musk is moving forward as planned and that they will not renegotiate the agreed price of $54.20 a share.
Vijaya Gadde, Twitter’s top lawyer and policy chief, also told workers at a general meeting that “there is no deal on hold,” according to people who attended the meeting. She backtracked on the businessman’s claims last week that he is pausing the deal while he learns more about the number of bots and spam accounts on the social media service.
Musk addressed the number of bots in a tweet Thursday afternoon:
Other top Twitter executives, including CEO Parag Agrawal and chief financial officer Ned Segal, also addressed employees, said the people, who asked not to be identified discussing internal business.
On Thursday, Segal told employees that Twitter executives are still engaging with Elon Musk and his team and working with them “regularly” throughout the process.
This article is a translation of the article written for the website AdAge.
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