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

  • 📰 LBC
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 74%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Twitter lost the plot

Twitter should of agreed with the T&C’s

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 17. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines