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

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 …

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Judge grants Twitter fast-track trial to decide fate of $44bn Musk deal

Twitter won an early victory in its legal battle to force Elon Musk to complete his $44bn takeover of the company, after a judge sided with the social media company and set a timetable for a fast-track trial starting in October.In her ruling, Chancellor Kathaleen McCormick of the Delaware Court of Chancery warned the “cloud …

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Elon Musk may have to complete $44bn Twitter takeover, legal experts say | Mergers and acquisitions

Elon Musk could be forced by a US court to complete his $44bn takeover of Twitter, according to legal experts, despite pulling the plug on the transaction.The Tesla chief executive told Twitter on Friday that he is terminating the deal, citing concerns over the number of spam accounts on the social media platform.Twitter’s chairman, Bret …

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