Published 2 years ago

Twitter sues Elon Musk to hold him to $44 billion merger

Summary by Ground News

Twitter sued Elon Musk on Tuesday for violating the $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 $54.20 per Twitter share. The court will determine whether he remains on the hook for the purchase or whether Twitter violated its obligation to provide Mr. Musk with data he requested, entitling him to walk away.

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Times of India

Twitter sues to force Elon Musk to complete his $44 billion acquisition

The lawsuit accused Musk of "a long list" of violations of the merger agreement that "have cast a pall over Twitter and its business." It said for the first time that employee attrition has been "on the upswing" since the deal was announced.

2 years ago·India

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BBC News

Twitter sues Elon Musk over $44bn takeover deal

The social media firm is trying to force Elon Musk to buy it after he walked away from the deal.

2 years ago·United Kingdom

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News18 India

Twitter Sues Elon Musk to Hold Him to $44 Billion Deal

Twitter Inc sued Elon Musk on Tuesday for violating his $44 billion deal to buy the social media platform

2 years ago·India

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The Guardian

Twitter sues Elon Musk over bid to exit $44bn takeover deal

Company seeks to force completion of sale, saying billionaire ‘refuses to honor his obligations’

2 years ago·London, United Kingdom

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The Hindu

Twitter sues Elon Musk to hold him to $44 billion merger

Twitter Inc asked a Delaware court to order Musk to complete the merger at the agreed $54.20 per Twitter share, according to a court filing

2 years ago·India

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The Independent

Twitter sues Elon Musk over ‘wrongful’ attempt to pull out of $44bn acquisition deal

Twitter sued Elon Musk on Tuesday, arguing the tech billionaire is legally bound to carry out his $44bn acquisition of the social network, after the Tesla CEO said last week he wanted to walk away from the deal.

2 years ago·London, United Kingdom

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