Twitter (TWTR) Determined To Force Musk To Honor Merger Agreement
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Summary:
- Twitter will force Elon Musk to buy.
- Twitter took Musk to court on Tuesday.
Elon Musk Forced to buy Twitter
Twitter came through on its promise to force Elon Musk to honor his agreement to buy the social media giant suing the SpaceX and Tesla CEO in a Delaware court on Tuesday. Twitter doubled down last week after they received a letter from Musk’s legal team indicating that he intended to withdraw from the deal.
The Twitter board chairman, Bret Taylor tweeted that TWTR remained “committed” to closing the deal with Musk at the terms that were previously agreed upon and signaled Twitter's intentions to “pursue legal action to enforce the merger agreement.”
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Sources: finance.yahoo.com
