“Musk entered into a binding merger agreement with Twitter, promising to use his best efforts to complete the deal,” according to the suit. “Now, less than three months later, Musk is refusing to honor his obligations to Twitter and its shareholders because the deal he signed no longer serves his personal interests.” The Tesla CEO and richest man on Earth had struck a deal to buy Twitter on April 25, with Musk offering to buy all of the company’s shares for $54.20 each. But things took a turn for the worse when Musk and his lawyers accused Twitter of withholding information about the number of “spam” accounts on the platform. Musk’s lawyers informed Twitter on Friday that the deal had been terminated. More details soon…
