Tesla CEO Elon Musk on Friday hit back at Twitter’s lawsuit seeking to force him to complete its acquisition of the platform for $44 billion, according to multiple reports.
In a filing with the Delaware Court of Chancery, Musk’s attorneys accused Twitter of withholding information about fake accounts — a longtime concern for Musk — and creating delays, providing evasive answers and put in place technical barriers. The filing also disputed Twitter’s request for an expedited trial, saying it would take months to obtain information from Twitter and file numerous witnesses about the fake accounts.
In April, Musk pledged to pay $54.20 per share for Twitter, which agreed to those terms after overturning its initial opposition to the deal. But the two sides have been bracing for a legal battle since the billionaire said a week ago he was walking away from his deal to buy the company.
The filing repeated several other accusations Musk had made previously, including the claim that Twitter violated the acquisition agreement by firing two high-level executives without first telling Musk.
Twitter filed its suit in the Delaware Court of Chancery, which frequently hears business disputes between many companies, including Twitter, incorporated there.