Why Elon Musk can’t back out of buying Twitter, according to Twitter
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Why Elon Musk can’t back out of buying Twitter, according to Twitter

newsdesk |
July 13, 2022

In a 62-page lawsuit filed on Tuesday, Twitter accused Elon Musk of breaching an agreement to buy the social media company for $44 billion.


New Delhi, 13 July 2022

As per news report of The Indian Express, Musk, the world’s richest man, has tried to back out of the acquisition, citing Twitter’s number of fake accounts and accusing the company of not giving him enough information about the issue and misrepresenting itself. In its lawsuit, Twitter sought to demonstrate that it has the right to sue him to for him to close the deal and show that Musk’s claims against it had no merit. Instead, it was Musk who was violating the agreement, the company said. Twitter was unsparing, calling his escape strategy a “model of hypocrisy” and a “model of bad faith.” It backed up its argument with numerous tweets from the billionaire. Here are the main points that Twitter made to try to show that it was not in breach of the deal and that Musk was.

Source -The Indian Express

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