Twitter Shareholders Green Light Musk's $44 Bn
Elon Musk wants to get out of the acquisition agreement, so his team is getting ready for a legal battle with Twitter that will start in mid-
October in the Delaware Court of Chancery in Maryland.Reports say that Twitter shareholders approved a deal with
Tesla CEO Elon Musk to buy the company for $44 billion on Tuesday during a conference call at the company's headquarters in San Francisco.
Musk, who is the richest person in the world, wants to get out of the deal. He says that Twitter lied to regulators about the
number of bot accounts on its site and didn't answer his team's questions about this, breaking the agreement between the two companies.
Musk's team must fight Twitter in the Delaware Court of Chancery, Maryland, starting in the middle of October if they want to legally get out of the deal
In a lawsuit filed against Musk earlier this year, Twitter said, "Musk seems to think that, unlike every other party subject to Delaware contract law,