Twitter sues Elon Musk after attempt to terminate purchase

Twitter on Tuesday sued Elon Musk to force the Tesla CEO to complete his $44 billion acquisition of the social media platform.

 

Musk on Friday said he was terminating the agreement because Twitter hadn’t given him enough information on bots on the platform.

 

A judge in the business-specialized Delaware Chancery Court will now determine whether his reasons for exiting the binding contract are legitimate.

 

If not, Musk could be compelled to complete the purchase at the $54.20 price point he offered in April.