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Social Media Giant Twitter Suing Elon Musk Over Withdrawal Of $44B Acquisition – $TWTR $TSLA $SPY

By John F. Heerdink, Jr.

As per reports, Twitter Inc. (TWTR) has hired U.S. law firm Wachtell, Lipton, Rosen & Katz LLP to sue Tesla (TSLA) CEO Elon Musk for not completing the $44 billion acquisition of the social media giant. Elon Musk, the CEO of Tesla, terminated the deal saying that Twitter had failed to provide information about fake accounts on the platform, following which Twitter’s chairman, Bret Taylor, decided to enter a legal fight.

Twitter and the law firm did not comment on the matter.

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(Read Original Story: UPDATE 1-Twitter hires U.S. law firm Wachtell to sue Musk after pulling out of $44 bln deal - sources in Reuters)


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