Musk confidentially countersues Twitter over nixed acquisition bid: reports
Source: The Hill
Tesla CEO Elon Musk confidentially filed a countersuit against Twitter after the company sued him for terminating a deal to buy the social media platform for $44 billion earlier this month, according to multiple news reports.
The Friday countersuit was not made publicly available. A Twitter spokesperson declined to comment to The Hill on the development.
The Wall Street Journal reported, citing people familiar with the matter, that Musk is expected to counterclaim that the number of monetizable daily active users was changed by Twitter before the deal was expected to go through.
In addition, the Journal reported Musk will likely claim that Twitter did not respond when the SpaceX CEOs team made inquiries on spam number data that the team claimed were not sufficiently answered by the social media company.
Read more: https://thehill.com/policy/technology/3580401-musk-confidentially-countersues-twitter-over-nixed-acquisition-bid-reports/
Roy Rolling
(7,632 posts)Musk wanted to try on a Trump clown suit and be a swaggering dickwad.
Twitter beat him in the financial arena where the score is tallied in dollars and cents.
Musk wanted to buy Twitter to allow Shitler and Greene accounts back online after removal? Fuck that.
Now pay the man for being a moron like TFG. Everything T**** touches dies.
SunSeeker
(58,283 posts)RAB910
(4,030 posts)CatWoman
(80,290 posts)why screw up a headline by padding it with that word?
LetMyPeopleVote
(179,870 posts)Hopefully there will be a redacted version released
marble falls
(71,936 posts)efhmc
(16,670 posts)Mush is an off beat younger brand of TFG. He has more brains, addled though they are, some real money but is a scamster like TFG. Wants something, grabs for it. The deal goes south because the financial truth is he cannot afford it and it was a whim which now has floated away,
bucolic_frolic
(55,143 posts)If he didn't put conditions on his original offer there's not a lot of wiggle room.
howardmappel
(101 posts)If countersuit filed, will be publicly available on the Delaware Chancery Court. IMHO, he is going down on this and the court will force him to complete the purchase on the original terms. So sad.
LudwigPastorius
(14,727 posts)the stock price goes back up.
Fuck him and his John Galt cosplaying.
bronxiteforever
(11,212 posts)The fact is he countersued. Confidently countersued is an absurdity. I dont even know what it means. Embarrassing that this type of journalism is allowed.
Historic NY
(40,037 posts)I hope they get him on the severability clause.