Twitter sues Elon Musk to complete takeover agreement

$44bn deal

Twitter has sued Elon Musk in an attempt to force the billionaire to complete the deal he pressed the company to agree to back in April.

The social media firm filed the lawsuit overnight, along with an application to expedite the trail date to September, arguing Musk had treated the deal as a joke. Elon Musk pulls out of $44bn Twitter takeover "For Musk, it would seem, Twitter, the interests of its stockholders, the transaction Musk agreed to, and the court process to enforce it all constitute an elaborate joke," the court papers read. The two parties could reach a settlement or agree a new deal at a lower price than the original $54.20 bid, although it seems Twitter may attempt to push Musk to honour his word. T...