Billionaire Elon Musk issued a humorous late-night response to Twitter’s preparations to sue and force him to complete a $44bn takeover of the company.
late on Sunday featuring images of himself laughing with captions recounting one version of events over the past few months. It conveys a lighthearted attitude from the world’s richest man to what has been a complex and expensive deal that’s weighed on Tesla shares and gone through several iterations of provisional funding.
“The Twitter board is committed to closing the transaction on the price and terms agreed upon with Mr Musk and plans to pursue legal action to enforce the merger agreement,” Twitter chair Bret Taylor tweeted on Friday. Twitter is planning to file a lawsuit early this week in Delaware, people familiar with the matter said.
Wachtell, Lipton, Rosen & Katz was one of the legal advisers for Musk’s plan to take Tesla private in 2018. Musk tweeted that there was “funding secured” for a $72bn deal to take Tesla private but did not move ahead with an offer.
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