Saturday, August 13

Twitter sued Elon Musk to honor the deal | Digital Trends Spanish

An expected chapter was written this July 12 between Twitter and Elon Musksince the social media company decided to sue Tesla’s owner to take over the $44 billion purchase that he committed for the platform.

social media company filed a lawsuit against the world’s richest man on Tuesday, saying he refuses to “honor his obligations” under their deal and seeks him to complete the deal.

“Twitter brings this action to enjoin Musk from further violations, to compel Musk to comply with his legal obligations, and to compel consummation of the merger upon satisfaction of few remaining conditions,” Twitter writes in the lawsuit, which was filed. in the Delaware Chancery Court, where the company is incorporated.

Twitter secured the legal services of Wachtell, Lipton, Rosen & Katz, a powerful firm with deep connections to the Delaware Court of Chancery and a storied history in acquisitions.

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