Financial TimesFinancial Times

Twitter hires US law firm Wachtell to sue Elon Musk for ending $44bn takeover

By Sujeet Indap, Hannah Murphy, Ortenca Aliaj, Eric Platt

11 Jul 2022 · 3 min read

Editor's Note

Elon Musk's refusal to go ahead with the $44 billion Twitter takeover deal is not going to be taken lightly as Twitter prepares to take Musk to court.

Social media group prepares to file suit vowing to hold billionaire to original deal termsTwitter has hired elite law firm Wachtell, Lipton, Rosen & Katz as it readies for a legal battle against Elon Musk, who has moved to terminate his $44bn acquisition of the social media company, according to two people familiar with the situation.

The San Francisco company is preparing to file its lawsuit with the Delaware Court of Chancery against Musk early this week, one of the people said.

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