Twitter Files Formal Lawsuit Against Elon Musk For Attempting To Back Out Of $44 Billion Buyout

Just days after company Chairman Bret Taylor publicly threatened to sue Elon Musk to force him to complete his previously agreed upon $44 billion-dollar deal to acquire the company, Twitter has now filed a formal lawsuit against him. It appears that things between Elon Musk and Twitter are about to get even more complicated, as now legal proceedings have just begun and billions of dollars are on the line. Twitter officially filed the lawsuit in the Delaware Court of Chancery earlier today, according to legal documents. Attorneys for Twitter state that the company is actively seeking to stop Elon Musk… Read Full Article