Twitter sues Elon Musk to hold him to US$44b deal
Published: Jul 13, 2022 6:01 AM | Updated: Jul 13, 2022 6:26 AM
Twitter Inc sued Elon Musk on Tuesday for violating his US$44 billion deal to buy the social media platform and asked a Delaware court to order the world's richest person to complete the merger at the agreed US$54.20 per Twitter share.
"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," said the complaint.
The lawsuit sets in motion what promises to be...
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