Twitter has sued Elon Musk to complete the terms of his takeover
Elon Musk is trying to get out of his $44 billion deal to buy Twitter—but Twitter doesn’t want to let him out.
On July 12, Twitter sued Musk (pdf) in Delaware Chancery Court, a state court that specializes in complex corporate law and merger deals, to enforce the terms of their original contract. Twitter doesn’t simply want to be paid in damages. The board wants Musk to buy the company.
In a scathing complaint just days after Musk informed Twitter he is terminating the merger deal, Twitter accused Musk of “a long list of material contract breaches” and asked a judge to force him to complete the deal.
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