since the billionaire said Friday he was backing off of his April agreement to buy the company.
“Having mounted a public spectacle to put Twitter in play, and having proposed and then signed a seller-friendly merger agreement, Musk apparently believes that he — unlike every other party subject to Delaware contract law — is free to change his mind, trash the company, disrupt its operations, destroy stockholder value, and walk away,” the suit says.
Musk alleged Friday that Twitter has failed to provide enough information about the number of fake accounts on its service. Twitter said last month that it was making available to Musk a ″fire hose” of raw data on hundreds of millions of daily tweets. When Musk offered to buy the company and take it private in mid-April, the board initially tried to block him by deploying a financial maneuver that would have made the acquisition prohibitively expensive.
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Twitter sues to force Musk to complete his $44B acquisition of the platformBREAKING: Twitter said Tuesday it has sued Elon Musk to force him to complete the $44 billion acquisition of the social media company. If he didn’t actually want to buy them he shouldn’t have signed the papers saying he did It’s one thing to be the richest man on this planet now but beware of reckless behavior and utterances that might hurt your brand. Elon is smart no doubt but he needs to chill a little bit. Dear Twitter… Your arms are too short to box with God! xoxo… fondly, THE BIG E!😝
Sumber: CBSNews - 🏆 87. / 68 Baca lebih lajut »
Twitter sues to force Elon Musk to complete his $44B acquisitionTwitter said Tuesday it has sued Elon Musk to force him to complete the $44-billion acquisition of the social media company. And now they get to produce exactly what they didn’t want to produce in the first place. Great strategy… 😂😂😂😂😂 Well, now they have to release the bot info in court. Lol
Sumber: FOXLA - 🏆 445. / 53 Baca lebih lajut »
Twitter sues Musk to force him to make $44B acquisitionTwitter’s lawsuit opens with a sharply-worded accusation that “Musk refuses to honor his obligations to Twitter and its stockholders because the deal he signed no longer serves his pers… This would be more entertaining if the billionaires would mud wrestle.
Sumber: mercnews - 🏆 88. / 68 Baca lebih lajut »