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Elon Musk’s Twitter Sues Law Firm that Prior Management Used to Force Buyout

Elon Musk’s Twitter has filed a lawsuit against prominent law firm Wachtell, Lipton, Rosen, and Katz, alleging that the firm charged an excessive and unwarranted fee for its services during Twitter’s privatization process. The law firm billed Twitter $90 million for its successful efforts to force Musk to follow through on his commitment to take the company private.

(Dimitrios Kambouris/Getty Images, BNN Edit)