New York Post
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Elon Musk to countersue Twitter in attempt to scrap $44B buyout: source | New York Post
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July 18, 2022
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1:02Now PlayingElon Musk plans to file a counter-lawsuit against Twitter in the coming days — the tech billionaire’s latest attempt to scrap his $44 billion agreement to buy the social-networking giant, a source close to the case told The Post.
The purpose of the countersuit would be to push a Delaware Court of Chancery judge to grant Musk’s lawyers more time and power to gather information about bots on Twitter, sources close to the situation said. A protracted legal battle could also potentially drag down the company’s stock, giving Musk more leverage to renegotiate Twitter’s sale price.
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