Musk Twitter saga reportedly takes new turn with countersuit
is planning to file a counter-lawsuit against Twitter soon to ditch the $44 billion agreement to buy the social media giant, according to a new report Monday. that the countersuit was intended to push a Delaware Court of Chancery judge to grant Musk’s legal team more time to gather information about bots on Twitter – the primary reason Musk gave for reneging on the deal.
Musk pledged in April to pay $54.20 a share for Twitter, which agreed to those terms after reversing its initial opposition to the deal. But the two sides have been bracing for a legal fight since the billionaire said a week ago that he was backing away from his agreement to buy the company.
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