Twitter on Tuesday filed a lawsuit in a court in the US state of Delaware once morest Elon Musk for breach of the social network’s takeover contract for $ 44 billion, asking the court to compel the businessman to finalize the operation. .
In his complaint, Twitter accuses the businessman of having orchestrated a public staging and of believing himself above the laws of contract, following having “proposed and then signed” an amicable takeover agreement.
Elon Musk believes he is “free to change his mind, trash the company, disrupt its operations, destroy shareholder value, and leave,” reads the document filed Tuesday by Twitter with the court.
The boss of Tesla announced Friday to end the $ 44 billion takeover agreement with Twitter, accusing the group of having breached its contractual obligations by providing in particular erroneous or incomplete data on the number of fake accounts.
Share price fall
Twitter has denied those accusations. No comment might be immediately obtained from Elon Musk. Twitter accuses the billionaire of a “long list” of breaches of their agreement, resulting in “throwing a veil over Twitter and its activities”.
The action of the social network tumbled Tuesday to 34.06 dollars, once morest more than 50 dollars when the offer to buy Elon Musk was accepted at the end of April by the board of directors of Twitter.
>> Read once more: Elon Musk finally gives up buying Twitter
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