Company seeks to force completion of sale, saying billionaire ‘refuses to honor his obligations’
Twitter sued Elon Musk on Tuesday to force a US court to complete his $44bn takeover of the social media giant after a dramatic few weeks of speculation that the deal was falling apart.
“Musk entered into a binding merger agreement with Twitter, promising to use his best efforts to get the deal done,” according to the lawsuit. “Now, less than three months later, Musk refuses to honor his obligations to Twitter and its stockholders because the deal he signed no longer serves his personal interests.”
