Twitter says it’s going to sue Elon Musk for making an attempt to again out of the deal

Illustration by Alex Castro / The Verge

Twitter’s message to Elon Musk after his try to bail on his $44 billion settlement to purchase the corporate: we’ll see you in courtroom.

“The Twitter Board is dedicated to closing the transaction on the value and phrases agreed upon with Mr. Musk and plans to pursue authorized motion to implement the merger settlement,” tweeted Twitter’s chairman, Bret Taylor, lower than an hour after Musk’s authorized crew mentioned he needed out of the deal in a submitting with the Securities and Change Fee. “We’re assured we are going to prevail within the Delaware Courtroom of Chancery.”

If you happen to’ve been following the twists and turns of this deal, it’s not a shock that Twitter plans to place up a battle. Quickly after Musk mentioned he would purchase Twitter and take it non-public, he started laying the…

Proceed studying…

Related Posts

Leave a Reply

Your email address will not be published.