Twitter sues Elon Musk, says he can’t “trash the company… and walk away”
https://arstechnica.com/tech-policy/2022/07/twitter-sues-elon-musk-says-he-cant-trash-the-company-and-walk-away/
Twitter filed its expected lawsuit against Elon Musk today, demanding that he complete the $44 billion purchase of the social network.
"Musk refuses to honor his obligations to Twitter and its stockholders because the deal he signed no longer serves his personal interests," the lawsuit said. "Having mounted a public spectacle to put Twitter in play, and having proposed and then signed a seller-friendly merger agreement, Musk apparently believes that he—unlike every other party subject to Delaware contract law—is free to change his mind, trash the company, disrupt its operations, destroy stockholder value, and walk away."
Twitter sues Elon Musk, says he can’t “trash the company… and walk away”
Jul 12, 2022, 10:38pm UTC
https://arstechnica.com/tech-policy/2022/07/twitter-sues-elon-musk-says-he-cant-trash-the-company-and-walk-away/
> Twitter filed its expected lawsuit against Elon Musk today, demanding that he complete the $44 billion purchase of the social network.
> "Musk refuses to honor his obligations to Twitter and its stockholders because the deal he signed no longer serves his personal interests," the lawsuit said. "Having mounted a public spectacle to put Twitter in play, and having proposed and then signed a seller-friendly merger agreement, Musk apparently believes that he—unlike every other party subject to Delaware contract law—is free to change his mind, trash the company, disrupt its operations, destroy stockholder value, and walk away."