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FX.co ★ Twitter sues Elon Musk for backing out of deal

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ফরেক্স কৌতুক:::2022-07-20T11:59:19

Twitter sues Elon Musk for backing out of deal

US social platform Twitter has filed suit against Tesla CEO Elon Musk after the billionaire said he was terminating his $44 billion deal to buy the company. To prepare for the legal battle, Twitter has hired New York based law firm Wachtell, Lipton, Rosen & Katz (WLRK). The lawsuit was filed in the Delaware Court of Chancery last week. In early July, Musk changed his mind and said he was no longer planning to buy the social network. His lawyer explained in a letter that Twitter withheld the data Musk requested in order to evaluate the number of bots and spam accounts on the platform. Now this information will be revealed during the trial. According to the original agreement, the billionaire may be forced to pay $1 billion as a breakup fee if he refuses to complete the deal.


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