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Browse: Home / 2022 / August / 05 / Twitter rejects Elon Musk’s claims that he was hoodwinked

Twitter rejects Elon Musk’s claims that he was hoodwinked

By Securities Docket on August 5, 2022, 8:40 am

Twitter on Thursday dismissed Elon Musk’s claims in a Delaware court filing that he was hoodwinked into signing the deal to buy the social media company, saying that it was “implausible and contrary to fact.”

Musk made the claims in a countersuit that he filed under seal last Friday, which was made public on Thursday.

“According to Musk, he — the billionaire founder of multiple companies, advised by Wall Street bankers and lawyers — was hoodwinked by Twitter into signing a $44 billion merger agreement. That story is as implausible and contrary to fact as it sounds,” the filing released by Twitter on Thursday said.

Source: Twitter rejects Elon Musk’s claims that he was hoodwinked

Posted in Industry, Top | Tagged Twitter

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