SAN FRANCISCO — Twitter stated Tuesday it has sued Elon Musk to pressure him to finish the $44 billion acquisition of the social media firm.
Musk and Twitter have been bracing for a authorized struggle because the billionaire stated Friday he was backing off of his April settlement to purchase the corporate.
The chair of Twitter’s board, Bret Taylor, tweeted Tuesday that the board has filed a lawsuit within the Delaware Courtroom of Chancery “to carry Elon Musk accountable to his contractual obligations.”
The trial court docket in Delaware continuously handles enterprise disputes among the many many companies, together with Twitter, which are included there.
