Twitter sues Elon Musk for pulling out of deal and accuses him of 'trashing' the company

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Twitter has sued Elon Musk after the Tesla founder pulled out of a $44b deal to take over the company

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

Mr Musk and Twitter have been bracing for a legal fight since the billionaire said on Friday he was backing away from his April agreement to buy the company.The chair of Twitter's board, Bret Taylor, tweeted on Tuesday that the board has filed a lawsuit in the Delaware Court of Chancery "to hold Elon Musk accountable to his contractual obligations".

Twitter has filed a lawsuit in the Delaware Court of Chancery to hold Elon Musk accountable to his contractual obligations.The world's wealthiest person pulled the plug on the deal on Friday night.

 

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Twitter lost the plot

Twitter should of agreed with the T&C’s

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