UnusualWhales

Twitter sued Elon Musk to force him to complete his $44 billion acquisition of the company at $54.20 per share.

Musk agreed in April to buy Twitter but declared last week that he would not do the deal given the Twitter bots. To push Mr. Musk to abide by the acquisition agreement, Twitter sued him in Chancery Court in Delaware. The court will determine whether he remains on the hook for the purchase or whether Twitter violated its obligation to provide Musk with data he requested, entitling him to walk away.