Twitter sues Elon Musk asking US court to hold him to $44bn (£36.5bn) deal to buy the social media company

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The social media company asked a Delaware court to order Mr Musk to complete the merger at the agreed $54.20 per Twitter share

"Sometimes Twitter has ignored Mr Musk's requests, sometimes it has rejected them for reasons that appear to be unjustified, and sometimes it has claimed to comply while giving Mr Musk incomplete or unusable information," they said in a statement.

Last month, Twitter said that it was making a"fire hose" of raw data on hundreds of millions of daily tweets available to Mr Musk. For years, the company has said in regulatory filings that it believes around 5% of the accounts on its platform are fake. Mr Musk has also claimed that Twitter broke the acquisition agreement when it fired two top managers and laid off a third of its talent-acquisition team.SpaceX and Tesla chief has clashed with Donald TrumpThe first salvo in the spat appears to have been some less than positive comments about the Tesla boss that Mr Trump made at a rally in Anchorage, Alaska on Saturday."I said I didn't know that; he told me he voted for me.

Musk replied on Twitter, saying:"I don't hate the man, but it's time for Trump to hang up his hat and sail into the sunset."

 

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They didn’t want him to buy it but now they are forcing him to buy it 🤣🤣😂😂 Twitter is a complete and utter joke filled with bots

Now Twitter will have to prove in court that they are not overrun with bots. Good luck with that Jack!

This is the only thing he's pulled out of in years.

So they want him to buy it and then do with it has he pleases, like, destroy the company? Cos he will.

Who would have guessed the world's richest man would get caught up in this!? Surely he's a sophisticated investor 👀

Not for a worthless bot farm infested lie will he pay that.

Shareholders can be manipulated so easily. Musk is just laughing at them.

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Twitter sues Elon Musk for pulling out of deal and accuses him of 'trashing' the companyTwitter has formally filed a lawsuit against Elon Musk after he pulled out of a $44b deal to take over the company. Twitter should of agreed with the T&C’s Twitter lost the plot
Source: LBC - 🏆 17. / 74 Read more »