Friday, August 12, 2022

Elon Musk: I was tricked into signing a takeover deal Twitter: Unconscious

social mediaTwitter(Twitter) today said billionairesmusk(Elon Musk’s claim that he was “tricked” into signing a $44 billion takeover deal is against reason and facts.

Musk agreed to buy Twitter in April, but backtracked in July. Musk filed a countersuit and legal defense last week after Twitter alleged that Musk was obligated to honor the acquisition agreement. According to Agence France-Presse, Twitter today submitted a document to refute this.

“Billionaire Elon Musk, founder of multiple companies and a team of Wall Street bankers and lawyers, claims he was tricked into signing a $44 billion acquisition by Twitter,” Twitter said.

“This statement appears to be inappropriate and counter-factual. This counter-argument is a story made for litigation, contradictory evidence and common sense,” the document said.

The legal battle between Twitter and Musk is expected to begin on October 17 and last for five days.

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