Twitter is reportedly considering legal action against Tesla and SpaceX boss Elon Musk for terminating a $44 billion purchase offer.

According to The Hill, the microblogging site has recruited the prominent New York-based law firm Wachtell, Lipton, Rosen & Katz LLP in preparation for a lawsuit against Musk.

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Next Monday, Twitter will file a lawsuit in Delaware. Meanwhile, Musk is represented by Quinn Emanuel Urquhart & Sullivan, a law firm.

“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. We are confident we will prevail in the Delaware Court of Chancery,” Twitter’s chairman, Bret Taylor, stated on Saturday.

In a statement delivered to Twitter earlier on Saturday, Musk’s team revealed the collapse of a $44 billion Twitter purchase deal.

Musk chose to halt the transaction due to many violations of the purchase agreement.

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According to the letter, the Tesla CEO’s team believes that the proportion of spam and false accounts is “wildly higher” than 5%.

“As further described below, Mr Musk is terminating the Merger Agreement because Twitter is in material breach of multiple provisions of that Agreement,” the letter read on Friday. 

“In short, Twitter has not provided information that Mr Musk has requested for nearly two months notwithstanding his repeated, detailed clarifications intended to simplify Twitter’s identification, collection, and disclosure of the most relevant information sought in Mr Musk’s original requests,” the letter added.

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In April, Musk agreed to buy Twitter for $54.20 per share in a transaction worth around $44 billion. Musk, though, put the acquisition on hold in May to allow his team to investigate Twitter’s claim that less than 5% of accounts on the service are bots or spam.

Musk openly accused the microblogging website of breaking the merger agreement in June, threatening to walk away and cancel the social media company’s acquisition for failing to provide the data he had asked for on spam and fraudulent accounts.

According to CNN, Musk claimed in a letter to Twitter’s head of legal, policy, and trust, Vijaya Gadde, that Twitter is “actively resisting and thwarting his information rights” as stipulated in the agreement.

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Musk demanded that Twitter turn over details regarding its testing procedures to back up its claims that bots and fake accounts account for fewer than 5% of the platform’s active user base, something the company has said in boilerplate public reports for years.