Twitter Sues Elon Musk for Walking Away from $44 Billion deal

Twitter has requested a Delaware Court to compel Elon Musk to complete the $44 billion buy of Twitter at $54.20 per share. “Musk apparently believes that he – unlike every other party subject to Delaware contract law – is free to change his mind, trash the company, disrupt its operations, destroy stockholder value, and walk away,” said the lawsuit.
The excuse of Musk has been that he is walking away from the deal because Twitter failed to provide information regarding fake or spam accounts on the platform, which is fundamental to its performance.