Twitter hits back at Musk, suing to force $44 billion buyout | Curio
News and insights read out for you.
10,000+ audio articles. 50+ world-leading publications.

All in 1 subscription.

Bloomberg logo

Twitter hits back at Musk, suing to force $44 billion buyout

7 mins | Jul 25, 2022
story image

Exploring the bizarre new turn in one of the most controversial Big Tech sagas yet. Elon Musk had agreed to pay $54.20 a share for Twitter, but he scuttled the deal over concerns about fake accounts. In the latest part of this ongoing saga, Twitter has filed a lawsuit against the billionaire, accusing him of meddling in operations, trashing the company, destroying stockholder value, and walking away. Jef Feeley investigates the key details of this legal action.

For more articles like this please visit us at www.bloomberg.com

Get unlimited access free for 7 days, then $8.33/month (billed annually)
Get started