Slate: Twitter Isn’t a Company Anymore
Slate: Twitter Isn’t a Company Anymore. “Twitter, as a defendant, must continue to submit corporate disclosure statements to the court. And so, in its most recent filing, the company provided notice that ‘Twitter, Inc. has been merged into X Corp. and no longer exists.’ As the ‘successor in interest’ to Twitter Inc.—that is, the survivor of the merger—X Corp. is now the defendant in Loomer’s suit. Its parent corporation is identified as X Holdings Corp.” I don’t have enough legal/financial/corporate expertise to assess whether this is sinister or not. It could simply be a way attempt to dodge the mountain of bills Twitter hasn’t paid.