by Allum Bokhari at Breitbart News
Twitter claims it will take Elon Musk to court after the Tesla and SpaceX CEO announced his intention to pull out of a proposed $44 billion buyout of the company.
In a message posted to the platform, Twitter Chairman of the Board Bret Taylor said the company plans to sue Musk to ensure the original agreement is honored.
The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement. We are confident we will prevail in the Delaware Court of Chancery.
— Bret Taylor (@btaylor) July 8, 2022
“The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement,” said Taylor. “We are confident we will prevail in the Delaware Court of Chancery.”
Breitbart News previously reported that Musk had pulled out of the deal in a letter sent to Twitter by his lawyers…
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