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Twitter just hired a big-name law firm to sue Elon Musk for dropping out of $44 billion takeover bid, report says
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(Business Insider) Twitter has hired Wachtell, Lipton, Rosen & Katz LLP to sue Elon Musk over his move to terminate a $44 billion deal to acquire the app, sources familiar with the matter tell Bloomberg. The firm specializes in merger litigation and has connections to the Delaware court system, where the case will be tried. Twitter plans to file a lawsuit against the Tesla CEO early this week, the sources told Bloomberg. Musk himself will be represented by Quinn Emanuel Urquhart & Sullivan LLP. The law firm successfully won a defamation trial for the billionaire back in 2019. Representatives for Twitter and Wachtell, Lipton, Rosen & Katz did not immediately respond to Insider's request to comment. [ link to www.businessinsider.com (secure)]
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