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Al Jazeera
Al Jazeera
Technology

Twitter sues Elon Musk to hold him to $44bn takeover deal

The lawsuit accused Musk of "a long list" of violations of the merger agreement that 'have cast a pall over Twitter and its business' [File: Mike Blake/Reuters]

Twitter Inc has sued Elon Musk for violating the $44bn 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, according to a court filing.

“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 lawsuit on Tuesday.

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