Twitter sues Elon Musk over bid to exit $44bn takeover deal

Twitter sues Elon Musk over bid to exit $44bn takeover deal

Company seeks to force completion of sale, saying billionaire ‘refuses to honor his obligations’

Twitter sued Elon Musk on Tuesday to force him to complete his $44bn takeover of the social media giant after he announced on Friday he would withdraw his bid.

“Musk’s exit strategy is a model of hypocrisy,” the lawsuit said, accusing the billionaire of making “bad faith” arguments against Twitter and carrying out “public and misleading attacks” on the company.

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