Article 61Z7M Elon Musk countersues Twitter over $44bn deal amid fresh legal action by shareholder

Elon Musk countersues Twitter over $44bn deal amid fresh legal action by shareholder

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Reuters
from Technology | The Guardian on (#61Z7M)

Musk's 164-page filing is under wraps for now, as Twitter shareholder launches separate action to force entrepreneur to close the deal

Elon Musk has countersued Twitter, escalating his legal fight against the social media company over his bid to walk away from the $44bn purchase.

Musk's lawsuit was filed on Friday, hours after chancellor Kathaleen McCormick of the Delaware court of chancery ordered a five-day trial beginning 17 October to determine if Musk can walk away from the deal.

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