What's Hot

    6 Tips for Understanding Property Boundaries

    November 27, 2023

    The Impact of Technology on the Cinematic Experience: A 2023 Perspective

    November 19, 2023

    How To Keep Your Eyes Healthy

    November 16, 2023
    Facebook X (Twitter) Instagram
    Independent News Stories
    • Home
    • Features
      • Example Post
      • Typography
      • Contact
      • View All On Demos
    • Site

      6 Tips for Understanding Property Boundaries

      November 27, 2023

      The Impact of Technology on the Cinematic Experience: A 2023 Perspective

      November 19, 2023

      How To Keep Your Eyes Healthy

      November 16, 2023

      Unveiling the Excitement: A Deep Dive into the Thrilling World of Joker123 Gaming Slot

      November 15, 2023

      The Fallacy of GoTech Appliance Repairs: A Deeper Look into Customer Reviews

      November 15, 2023
    • Typography
    • Funds
      1. Markets
      2. Stocks
      3. Investments
      4. View All

      Eurozone: Digital Euro Could Boost Single Currency’s International Use

      March 16, 2021

      2021 PDPW Conference Content Now Available On-Demand

      February 11, 2021

      Huawei Announces Watch Fit Elegant With Steel Frame

      February 11, 2021
      72

      10 Trends From Year 2020 That Predict Business Apps Popularity

      January 20, 2021

      ‘Unceasing Congestion’: China’s Shipping Delays Snarl Trade

      February 11, 2021

      $100 Oil Predictions Soar As Analysts Warn Of Supply Crisis

      February 4, 2021

      Gupta, Greensill and Credit Suisse. How a Business Collapsed

      February 4, 2021

      Luxury Retail Giants See Portfolio Revenues Reshuffle

      February 4, 2021

      Chinese Internet Majors’ Investments to Slow Profit Growth

      March 16, 2021

      Top UK Stocks to Watch: Capita Shares Rise as it Unveils

      January 15, 2021

      Qatar Airways Helps Bring Tens of Thousands of Seafarers

      January 15, 2021

      DHL Completes $5M Investment in New Service Center

      January 14, 2021

      Downtown San Diego Business Spaces: Comparison Gallery

      February 4, 2021

      US Airline Industry Rebounds As 2m Travel Since March 2020

      February 1, 2021

      Analysis: Buyers Return But Dubai Real Estate Faces Long Road to Recovery

      February 1, 2021

      Tight Real Estate Market Driving Home Prices Up Dramatically in Middletown Area

      February 1, 2021
    Independent News Stories
    Home » Elon Musk countersues Twitter over merger, but details aren’t yet public
    Global

    Elon Musk countersues Twitter over merger, but details aren’t yet public

    adminsideBy adminsideJuly 29, 2022Updated:July 27, 2023No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    KEY POINTS

    • Elon Musk countersued Twitter on Friday, intensifying the conflict between the social networking company and centi-billionaire but keeping details hidden from the public.
    • Musk agreed to buy Twitter for about $44 billion, but then sought to terminate the deal.
    • Twitter sued Musk for reneging on the merger agreement. The central arguments of Musk’s countersuit are yet to be disclosed.

    Elon Musk countersued Twitter on Friday, intensifying the conflict between the Tesla CEO and the social networking company he agreed to buy, but the lawsuit is not yet available to the public.

    It wasn’t clear why Musk asked the court to keep details of his countersuit confidential when the billionaire, who is also the CEO of SpaceX, had been vocally critical of Twitter on social media and in press interviews in recent months.

    On April 25, 2022, Twitter and Musk announced Musk would buy the social networking company and take it private for about $44 billion. Shortly after Musk struck the $44 billion deal, a market downturn led to a decline in tech stocks including both Tesla and Twitter.

    Soon after they signed the deal, Musk accused Twitter of lying about the number of spam and bot accounts on its platform, and denying him access to information about their handling of these accounts. Musk formally said he wanted to terminate the deal earlier this month, and Twitter sued him in the Delaware Court of Chancery to force him to go through with the deal.

    Musk’s legal team filed a confidential countersuit in a Delaware court on Friday, which means a copy was not available to the public immediately, but a version of it could be made public in the near future with sensitive details redacted.

    The judge ruling on the case, Chancellor Kathaleen St. J. McCormick, on Thursday night issued an order that set a schedule including for a five-day trial to start on Oct. 17.

    123 Movies Sonic 2

    Craigslist Sacramento

    Craigslist Pittsburgh

    Mangakakalot

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous Article86pass.com website information availability typo related domains
    Next Article Amazon says consumer spending remains strong, bucking broader retail gloom
    adminside
    • Website

    Related Posts

    A motivated personality

    November 22, 2022

    Splendour In The Grass 2022: The best (and worst) of the fest

    July 29, 2022

    Blacken Open Air Festival brings metal to Central Australia with first-ever international act

    July 29, 2022
    Add A Comment

    Comments are closed.

    Top Posts

    10 Trends From Year 2020 That Predict Business Apps Popularity

    January 20, 2021

    Shipping Lines Continue to Increase Fees, Firms Face More Difficulties

    January 15, 2021

    Qatar Airways Helps Bring Tens of Thousands of Seafarers

    January 15, 2021

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Demo
    Facebook
    Top Insights

    Top UK Stocks to Watch: Capita Shares Rise as it Unveils

    January 15, 2021
    8.5

    Digital Euro Might Suck Away 8% of Banks’ Deposits

    January 12, 2021

    Oil Gains on OPEC Outlook That U.S. Growth Will Slow

    January 11, 2021
    Get Informed

    All rights are reserved
    • Home
    • Markets
    • Stocks
    • Funds

    Type above and press Enter to search. Press Esc to cancel.