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Twitter rejects Musk's claims that he was hoodwinked

By Noeleen Walder and Tom Hals NEW YORK (Reuters) -Twitter Inc on Thursday dismissed Elon Musk's claims in a Delaware court filing that he was hoodwinked into signing the deal to...
Twitter rejects Musk's claims that he was hoodwinked © Reuters. FILE PHOTO: Elon Musk's Twitter profile is seen on a smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration//File Photo

By Noeleen Walder and Tom Hals

NEW YORK (Reuters) -Twitter Inc 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 (NYSE:TWTR) 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.

Twitter's filing is the latest salvo in what is building up to be a major legal showdown between the world's richest person and the social media giant.

The San Francisco-based company is pushing to resolve months of uncertainty over its fate as Musk tries to walk away from the deal for what he says is Twitter's misrepresentation of fake accounts.

Musk, the chief executive of electric car company Tesla (NASDAQ:TSLA) Inc, offered to buy Twitter for $54.20 per share in April, saying he believed in its potential as a global platform for free speech.

But he soured on Twitter as its stock price lagged his takeover bid, and began expressing skepticism that bot and spam accounts represented less than 5% of users.

Musk sought to back out on July 8 without paying a $1 billion breakup fee, citing Twitter's failure to provide details on bot and spam accounts. Twitter sued him four days later.

The company accused Musk of sabotaging the deal because it no longer served his interests, and casting a pall that disrupted its work and hurt shareholders.

An Oct. 17 trial is scheduled.

Earlier this week, Twitter issued dozens of subpoenas to banks, investors and law firms that backed Musk's takeover bid, while Musk issued subpoenas to Twitter's advisers at Goldman Sachs (NYSE:GS) and JP Morgan over their work.

Legal experts have said Twitter's requests suggested the company wanted to know why Musk turned against it, or whether he reneged on his obligation to obtain sufficient financing.

A representative for Musk did not immediately respond to a request for comment.

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BROKERS ĐƯỢC CẤP PHÉP
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12-08-2022 15:06:47 (UTC+7)

EUR/USD

1.0293

-0.0024 (-0.24%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (6)

Sell (2)

EUR/USD

1.0293

-0.0024 (-0.24%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (6)

Sell (2)

GBP/USD

1.2176

-0.0036 (-0.29%)

Summary

Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (4)

Sell (4)

USD/JPY

133.29

+0.28 (+0.21%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (2)

Sell (9)

AUD/USD

0.7124

+0.0019 (+0.27%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (11)

Sell (0)

USD/CAD

1.2744

-0.0018 (-0.14%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (3)

Sell (5)

EUR/JPY

137.20

-0.03 (-0.02%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (6)

EUR/CHF

0.9691

-0.0014 (-0.14%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (9)

Gold Futures

1,803.60

-3.60 (-0.20%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (6)

Sell (1)

Silver Futures

20.317

-0.032 (-0.16%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Copper Futures

3.6950

-0.0115 (-0.31%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (11)

Crude Oil WTI Futures

94.41

+0.07 (+0.07%)

Summary

↑ Buy

Moving Avg:

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Sell (0)

Indicators:

Buy (3)

Sell (2)

Brent Oil Futures

99.86

+0.26 (+0.26%)

Summary

Buy

Moving Avg:

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Sell (1)

Indicators:

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Sell (2)

Natural Gas Futures

8.713

-0.161 (-1.81%)

Summary

↑ Buy

Moving Avg:

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Sell (1)

Indicators:

Buy (6)

Sell (2)

US Coffee C Futures

223.53

+3.08 (+1.40%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (11)

Euro Stoxx 50

3,773.55

+16.50 (+0.44%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (6)

S&P 500

4,207.27

-2.97 (-0.07%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (6)

Sell (2)

DAX

13,771.79

+77.28 (+0.56%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (6)

FTSE 100

7,499.19

+33.28 (+0.45%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (2)

Sell (6)

Hang Seng

20,163.00

+80.57 (+0.40%)

Summary

Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (3)

Sell (3)

US Small Cap 2000

1,975.26

+6.01 (+0.31%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (7)

Sell (1)

IBEX 35

8,431.73

+51.73 (+0.62%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

BASF SE NA O.N.

43.818

+0.393 (+0.91%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Bayer AG NA

53.69

+2.01 (+3.89%)

Summary

↑ Buy

Moving Avg:

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Sell (0)

Indicators:

Buy (7)

Sell (0)

Allianz SE VNA O.N.

180.38

+1.38 (+0.77%)

Summary

↑ Buy

Moving Avg:

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Adidas AG

172.21

+0.19 (+0.11%)

Summary

↑ Buy

Moving Avg:

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Sell (1)

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Buy (10)

Sell (0)

Deutsche Lufthansa AG

6.597

+0.071 (+1.09%)

Summary

Buy

Moving Avg:

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Sell (2)

Indicators:

Buy (4)

Sell (3)

Siemens AG Class N

111.91

+1.99 (+1.81%)

Summary

↑ Buy

Moving Avg:

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Sell (2)

Indicators:

Buy (6)

Sell (2)

Deutsche Bank AG

8.999

+0.135 (+1.52%)

Summary

Neutral

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (2)

Sell (5)

 EUR/USD1.0293Buy
 GBP/USD1.2176Sell
 USD/JPY133.29↑ Sell
 AUD/USD0.7124↑ Buy
 USD/CAD1.2744↑ Sell
 EUR/JPY137.20↑ Sell
 EUR/CHF0.9691↑ Sell
 Gold1,803.60Buy
 Silver20.317↑ Sell
 Copper3.6950↑ Sell
 Crude Oil WTI94.41↑ Buy
 Brent Oil99.86Buy
 Natural Gas8.713↑ Buy
 US Coffee C223.53↑ Sell
 Euro Stoxx 503,773.55Sell
 S&P 5004,207.27Buy
 DAX13,771.79Sell
 FTSE 1007,499.19Neutral
 Hang Seng20,163.00Buy
 Small Cap 20001,975.26↑ Buy
 IBEX 358,431.73↑ Buy
 BASF43.818↑ Buy
 Bayer53.69↑ Buy
 Allianz180.38↑ Buy
 Adidas172.21↑ Buy
 Lufthansa6.597Buy
 Siemens AG111.91↑ Buy
 Deutsche Bank AG8.999Neutral
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,620/ 6,720
(10/ 10) # 1,650
SJC HCM6,640/ 6,740
(20/ 20) # 1,670
SJC Hanoi6,640/ 6,742
(20/ 20) # 1,672
SJC Danang6,640/ 6,742
(20/ 20) # 1,672
SJC Nhatrang6,640/ 6,742
(20/ 20) # 1,672
SJC Cantho6,640/ 6,742
(20/ 20) # 1,672
Cập nhật 12-08-2022 15:06:49
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ↀ Giá vàng thế giới
$1,788.75-0.4-0.02%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V25.34025.840
RON 95-III24.66025.150
E5 RON 92-II23.72024.190
DO 0.05S22.90023.350
DO 0,001S-V24.88025.370
Dầu hỏa 2-K23.32023.780
ↂ Giá dầu thô thế giới
WTI$93.73-0.37-0.39%
Brent$99.06-0.46-0.46%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.220,0023.530,00
EUR23.498,0024.813,92
GBP27.761,8728.945,83
JPY170,70180,72
KRW15,5018,89
Cập nhật lúc 15:00:02 12/08/2022
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