– Musk’s lawyer said in documents filed in Delaware Chancery Court that Twitter’s unreasonable demands should be denied.
New delhi date. 16 July 2022, Friday
After backtracking on his decision to buy Twitter, Tesla CEO Elon Musk has filed a court motion against the petition filed by Twitter. Musk’s lawyer said in documents filed in Delaware Chancery Court that Twitter’s unreasonable demands should be denied.
Notably, Twitter has dragged Musk to court after he announced the cancellation of the $44 billion deal to buy Twitter. Musk says Twitter hasn’t fully informed him about spam bots, so he’s canceling the deal. Then on Tuesday, Twitter took the matter to court and asked for an injunction against Musk. Twitter wants Musk to complete the deal for $54.20 per share.
What did Musk say?
In a letter filed against Twitter’s petition, Musk has said that it is a conspiracy by Twitter to suddenly pick up the pace after 2 months of indolence. Also it wants to hide the truth of spam bots. In May, he put it on hold and demanded a review of Twitter’s claim that bots and spam accounts are less than 5% on Twitter. Musk’s lawyer said the debate over fake and spam accounts is a fundamental requirement of Twitter’s value
He has demanded from the court that the hearing of this case should start after February 13 next year. Let us tell you that this deal between Twitter and Musk will be completed by October 25. Twitter wants the case to be heard in September.