Twitter Sues Elon Musk For Violating Agreement To Acquire It
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Twitter announced that it would be suing the world’s richest man for his refusal to acquire it after signing the contract
Highlights
Twitter Inc sued Elon Musk for violating his $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.
Musk said on Friday he intends to terminate the deal because Twitter had breached multiple provisions of the merger agreement.
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