Elon Musk's Twitter countersuit due by Friday as acrimony grows - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Twitter Inc and Elon Musk, who are suing each other over the world’s richest person’s effort to exit their $44 billion merger, couldn’t even agree on how much to tell the public about their dispute.

Elon Musk agreed to buy Twitter on April 25, but sought to back out on July 8 without paying a $1 billion breakup fee, citing Twitter's failure to provide details about the prevalence of bot and spam accounts.Elon Musk agreed to buy Twitter on April 25, but sought to back out on July 8 without paying a $1 billion breakup fee, citing Twitter's failure to provide details about the prevalence of bot and spam accounts.

Musk’s countersuit may be released as soon as Thursday, according to a person familiar with but not authorised to discuss the case. Hours later, Musk’s lawyers shot back, accusing Twitter of trying to bury “the side of the story it does not want publicly disclosed” and undermine the public’s First Amendment constitutional right to know what both sides are arguing about.

Musk agreed to buy Twitter on April 25, but sought to back out on July 8 without paying a $1 billion breakup fee, citing Twitter’s failure to provide details about the prevalence of bot and spam accounts.

 

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Too much money was involved they didn't want to shock us.

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