The legal filing sets up what will be an epic court battle between the world’s richest man and the social media company.
| Twitter sued billionaire Elon Musk over his abandoned $44 billion takeover bid, asking a judge to force him to follow through on his offer.to pay $US54.20 a share for the San Francisco-based social-media platform. Mr Musk abandoned the deal on Friday, citing in part concerns about the number of fake accounts among users.
“Musk refuses to honour his obligations to Twitter and its stockholders because the deal he signed no longer serves his personal interests,” Twitter said in the suit. “Twitter brings this action to enjoin Musk from further breaches, to compel Musk to fulfill his legal obligations, and to compel consummation of the merger upon satisfaction of the few outstanding conditions.”
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