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.