Twitter sues to force Elon Musk to complete his $44B acquisition

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Twitter said it has sued Elon Musk to force him to complete the $44 billion acquisition of the social media company.

Twitter’s lawsuit opens with a sharply-worded accusation: “Musk refuses to honor his obligations to Twitter and its stockholders because the deal he signed no longer serves his personal interests.”

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. By April 25, though, Twitter had reconsidered the offer, concluding that selling the company to Musk for $54.20 a share was in the best interest of shareholders. In a joint press release, Musk pledged to “unlock” the social media company’s potential by loosening restrictions on speech and rooting out fake accounts.

 

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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!😝
Source: CBSNews - 🏆 87. / 68 Read more »

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
Source: FOXLA - 🏆 445. / 53 Read more »