Elon Musk Forced To Buy Twitter For $44 Billion

Hours following the lawsuit was filed last Friday. The trial was ordered to begin on Oct. 17 to determine whether Mr Elon Musk might rescind the deal.

Twitter sued Elon Musk on July 12 for forcing him to buy the platform for regarding $44 billion following accepting an acquisition offer in late April.

Archyde.com media reportElon Musk sues Twitter in a legal battle to cancel a $44 billion deal to buy the platform. And added that the case was filed in secret.

while the document is sealed The revised version may be made public shortly.

The lawsuit was filed on Friday. and just not hours following suing The court ordered a five-day trial starting Oct. 17 to determine if Elon Musk might walk away from the deal.

Mr Elon Musk file a lawsuitTwitter on July 8 to withdraw from the Twitter acquisition agreement following disagreeing with the company regarding the number of fake accounts available on Twitter. In a May filing, Twitter estimates that 5% of its accounts Twitter is a fake account

After that on July 12 Twitter sues Elon Musk to force him to buy the platform for regarding $44 billion. following accepting the acquisition offer at the end of April

Source : The Block

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