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Asharq Al-Awsat
Asharq Al-Awsat
Technology
Asharq Al-Awsat

Twitter Sues Elon Musk to Hold Him to $44 Billion Deal

The Twitter application is seen on a digital device, April 25, 2022, in San Diego. (AP)

Twitter Inc sued Elon Musk on Tuesday 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 apparently believes that he - unlike every other party subject to Delaware contract law - is free to change his mind, trash the company, disrupt its operations, destroy stockholder value, and walk away," said the complaint.

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