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LetMyPeopleVote

(179,870 posts)
Sat Jul 30, 2022, 01:34 AM Jul 2022

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 CEO’s 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/

12 replies = new reply since forum marked as read
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Roy Rolling

(7,632 posts)
1. ETTD
Sat Jul 30, 2022, 03:25 AM
Jul 2022

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.

LetMyPeopleVote

(179,870 posts)
12. The pleading was filed under seal and so we do not get to see it
Mon Aug 1, 2022, 04:01 PM
Aug 2022

Hopefully there will be a redacted version released

efhmc

(16,670 posts)
5. Whatever. No one nowhere with a bit of brains thought this was going to happen.
Sat Jul 30, 2022, 09:45 AM
Jul 2022

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)
6. The confidential lawsuit seems to be public knowledge and the contents so thin as to be undisclosed?
Sat Jul 30, 2022, 10:35 AM
Jul 2022

If he didn't put conditions on his original offer there's not a lot of wiggle room.

howardmappel

(101 posts)
7. Bad headline
Sat Jul 30, 2022, 01:19 PM
Jul 2022

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)
8. That jagoff is just trying to delay being forced to follow through on his offer until...
Sat Jul 30, 2022, 01:35 PM
Jul 2022

the stock price goes back up.

Fuck him and his John Galt cosplaying.

bronxiteforever

(11,212 posts)
9. Horrible headline. Does someone "meekly" counter sue.
Sat Jul 30, 2022, 02:23 PM
Jul 2022

The fact is he countersued. “Confidently countersued” is an absurdity. I don’t even know what it means. Embarrassing that this type of journalism is allowed.

Historic NY

(40,037 posts)
11. Wait until Twitter downloads a tyranscript of his boasting
Sun Jul 31, 2022, 08:47 AM
Jul 2022

I hope they get him on the severability clause.

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