Twitter Employees Are Prohibited Tweeting About Elon Musk's Canceled Acquisition
JAKARTA - With Elon Musk's notification on Twitter that he is canceling his $44 billion acquisition to buy the social media company, employees have been instructed not to publicly comment on the deal.
Even an internal memo created by Twitter's general counsel and obtained by The Verge said staff should "refrain from Tweeting, Slacking, or sharing any comments about the merger agreement."
There is a fact that mergers are an ongoing legal matter. Musk's team alleges that Twitter "fails or refuses to provide" information about the number of bots on its platform." While Twitter's board has announced that it will sue Musk to ensure that the deal goes as originally agreed.
After word got out on Friday, December 8 that Musk wanted to get out of the deal, Twitter employees were quick to make some hilarious tweets about the situation. One tweeted they had "unilaterally canceled my mortgage" and were glad they didn't have to pay it again.
VOIR éGALEMENT:
Another tweet referred to a staff trip to Disney being canceled as a cost-cutting measure after Musk's deal was announced.
Here's a memo that Sean Edgett, Twitter's general counsel, sent to staff on Friday:
Team,
Today we received notice of the purported termination from Elon Musk, and the Twitter Board issued the following statement in response (see Chairman Bret Taylor's Tweet here):
“Twitter's board is committed to closing the deal at the price and terms agreed with Mr. Musk and plans to take legal action to enforce the merger agreement. We believe we will win on the Delaware Court of Chancery.”
Given that this is an ongoing legal matter, you should refrain from Tweeting, Slacking, or sharing any comments about the merger agreement. We will continue to share information when we are able, but be aware that we will be very limited in what we can share for the time being.
I know these are uncertain times, and we appreciate your patience and continued commitment to the important work we have done.