Kathmandu: Twitter is contemplating legal action against Tesla and SpaceX CEO Elon Musk over his decision to terminate a 44 billion dollar takeover deal. The microblogging site has hired a large New York-based law firm as it prepares to sue Musk. Twitter will file its lawsuit in Delaware next week. On Saturday, Bret Taylor, Twitter’s chairman said, the Twitter Board is committed to closing the transaction on the price and terms agreed upon with Musk and plans to pursue legal action to enforce the merger agreement. Musk announced the termination of the 44 billion dollar Twitter purchase deal in a letter sent by Musk’s team to Twitter earlier on Saturday. Musk decided to suspend the deal due to what he called multiple breaches of the purchase agreement.
Trending Now
- “Searchlight” and “Rhododendron Cafe,” Two Poems by Shaswata Gangopadhyay in translation from Bengali by Rajdeep Mukherjee
- Three New Poems by Eva Lianou Petropoulou of Greece
- Three New Poems by Jasna Gugić from Croatia
- Wish to Be a Fish, A Poem by Rachana Sunar
- Wings of Knowledge, A Poem by Anila Bukhari
- Three New Poems by Eileen Moynihan
- Mannequin and Her Apparel, A Poem Composed by Bishwa Sigdel, translated from Nepali by Anjila Bista
- Three New Poems by Eva Petropoulou Lianou
- The Crepe Myrtle and Summer of Blooms, Two Poems by Ranjit K. Sahu
- FIVB President Dr. Ary S Graça Conferred KISS Humanitarian Award
Comments are closed.