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Twitter Now Plans To Sue Elon Musk For Backing Out Of The Deal

https://themindunleashed.com/2022/07/twitter-now-plans-to-sue-elon-musk-for-backing-out-of-the-deal.html
 Twitter Now Plans To Sue Elon Musk For Backing Out Of The Deal

 

“We’ll see you in court.”

By Elijah Cohen

“We’ll see you in court”, was the response that Twitter gave to Elon Musk when he attempted to back out of his $44 billion deal to purchase the website.

Less than an hour after Elon Musk’s legal team said in a statement with the Securities and Exchange Commission that their client wanted to get out of the arrangement, Bret Taylor, the chairman of Twitter, posted his response.

“The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement. We are confident we will prevail in the Delaware Court of Chancery.” he tweeted.

READ FULL ARTICLE HERE…(themindunleashed.com)

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