"The board and Mr. Musk agreed to a transaction at $54.20 per share," Twitter's board said in a statement to The New York Times. "We believe this agreement is in the best interest of all shareholders. We intend to close the transaction and enforce the merger agreement.”
THEY. TOOK. ALL. THE. BAIT. 😂💥
https://www.axios.com/2022/05/17/elon-musk-twitter-will-enforce-merger
He can and will sue them for damages and they will likely try to let him off the hook in exchange for dropping the charges.