Twitter sues Elon Musk for terminating $44bn takeover deal

Twitter sues Elon Musk for terminating bn takeover deal

Vanguard

By Biodun Busari

Social media network company, Twitter, has hired an elite law firm Wachtell, Lipton, Rosen & Katz to take a legal action against the world’s richest man, Elon Musk.

Twitter’s preparation to sue Musk was based on his move to terminate his $44 billion acquisition of the social media company.

According to Financial Times, the San Francisco company is preparing to file its lawsuit with the Delaware Court of Chancery against Musk early this week.

Musk said on Friday that he intended to end his initial deal of buying Twitter, mentioning three breaches of the merger agreement by the social media platform…

More

Leave a Reply

Your email address will not be published. Required fields are marked *

Twitter sues Elon Musk for terminating $44bn takeover deal

 

Log In

Or with username:

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.