HomeCURRENT AFFAIRSBUSINESSElon Musk Twitter Deal: Elon Musk's Countersuit Against Twitter Over $44 Billion...

Elon Musk Twitter Deal: Elon Musk’s Countersuit Against Twitter Over $44 Billion Deal

Elon Musk Twitter Deal: Micro-blogging site Twitter has taken a legal route against the world richest person Elon Musk for canceling the $44 billion deal. Now the legal battle between the two will start from October 17. The US judge has fixed this date for the trial of this high profile. In the Delaware Court of Chancery, Judge Kathleen McCormick issued an official schedule regarding this, saying that this trial will run from October 17 to October 21.

Now according to media reports Elon Musk countersued Twitter Inc escalating his legal fight against the social media company over his bid to walk away from the $44 billion purchase, although the lawsuit was filed confidentially.

Earlier this week, Musk lawyers filed a letter to the Delaware Chancery Court, saying Twitter was not supporting the pre-trial process Twitter would have to force. Musk lawyers claimed that Twitter was not even providing the documents, which there should be no objection to giving.

Twitter CEO Parag Agrawal had urged the matter to be heard at the earliest. The company believes that these matters are affecting the company and it should be resolved soon.

Tesla CEO Elon Musk has canceled his $44 billion deal to buy Twitter after saying that the platform has a large amount of spam or bots accounts, which Twitter has not reported.

Twitter recently said that it is removing more than 1 million spam accounts from the platform every day.

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