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…