Musk's counterclaim to Twitter's company, what happened?
Author:Daily Economic News Time:2022.07.30
According to CCTV News on July 30, on July 29, local time, Musk launched a counterclaim to Twitter, but the content of the lawsuit has not yet been publicly disclosed to the public.
Musk's legal team filed a private counterclaim to the U.S. Tellahua court on the same day, which means that it cannot immediately provide the public with the content of the law, but its version can be made public in the near future and edited some sensitive details.
Earlier, Musk initiated acquisitions on social networking sites, but later announced that it had withdrawn from Twitter's acquisition of $ 44 billion on the grounds of violating a number of acquisition clauses.
Image source: Visual China-VCG11158487382 (has nothing to do with graphics)
On July 8th, the Musk team officially announced the termination of acquisitions unilaterally, on the grounds that Twitter seriously violated multiple terms in the agreement. On July 12, Twitter officially sued Musk on the acquisition and urged "Silicon Valley Iron Man" to complete the acquisition at a price of $ 54.20 per share.
On July 13th, Twitter sued Musk and tried to force Musk to acquire the company. Twitter accused Musk accusing Musk's violation of the "one -long series" acquisition agreement and brought shadow to Twitter business.
On July 15th, the Chief Judge McCormick, the Chief Judge of the Hengping Court of Travly Prefecture, tried the case.
Last week, Judge McCormick approved Twitter's request for accelerated litigation procedures and ordered a five -day trial in October. Judge said that the case should be resolved quickly, and its consent of Twitter's statement -as a listed company, it may be harmed in the future or due to the uncertainty of acquisitions. At that time, the court staff said that the trial would be held on October 10 or October 17.
In the secondary market, as of the closing of U.S. stocks on July 30, the special push (TWTR) was reported at $ 41.61 per share, an increase of 1.6%, with a market value of 31.84 billion US dollars.
Daily Economic News Comprehensive CCTV News, Public Information
Daily Economic News
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