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Tesla CEO Elon Musk says he is ending his $44bn (£36.2bn) bid to buy Twitter over alleged multiple breaches of the agreement.
The world’s richest man decided to buy Twitter in April but the deal was “temporarily on hold” in May.
Mr Musk had asked for evidence to back the company’s assertion that spam and bot accounts make up less than 5% of its total users.
The billionaire businessman said he had backed out because Twitter failed to provide sufficient data on the number of spam and fake accounts.
Twitter says it plans to pursue legal action to enforce the agreement.
Mr Musk faces a $1bn (£830m) break-up fee and a possible lawsuit by opting out.
