Elon Musk fires back at Twitter in court battle | News24

  • 📰 News24
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 80%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

Elon Musk on Friday filed claims against Twitter as he fights back against the tech firm's lawsuit demanding he be held to his $44 billion buyout deal.

Musk's counter-suit was submitted along with a legal defense against Twitter's claim that the billionaire is contractually bound to complete the deal he inked in April to buy Twitter, the Chancery Court in the state of Delaware said in a notice.

Rules of the court, however, require Musk to submit a public version of the filing with trade secrets or other sensitive information redacted.The Tesla boss wooed Twitter's board with a $54.20 per-share offer, but then in July announced he was"terminating" their agreement on accusations the firm misled him regarding its tally of fake and spam accounts.

The social media platform has urged shareholders to endorse the deal, setting a vote on the merger for September 13.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

elonmusk go for it young man!

Elon, please start up a platform for the YouTubers to continue their work so YT can become debunked, they are striking really good creators because of different opinion to certain groups, come on Elon

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in LAW

Law Law Latest News, Law Law Headlines