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Elon Musk's Twitter countersuit due by Friday as acrimony grows

By Jonathan Stempel (Reuters) - Twitter Inc (NYSE:TWTR) and Elon Musk, who are suing each other over the world's richest person's effort to exit their $44 billion merger,...
Elon Musk's Twitter countersuit due by Friday as acrimony grows © Reuters. FILE PHOTO: An image of Elon Musk is seen on smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

By Jonathan Stempel

(Reuters) - Twitter Inc (NYSE:TWTR) and Elon Musk, who are suing each other over the world's richest person's effort to exit their $44 billion merger, couldn't even agree on how much to tell the public about their dispute.

The presiding judge, Chancellor Kathleen McCormick (NYSE:MKC) of Delaware Chancery Court, ruled on Wednesday that Musk's countersuit shall be made public by the afternoon of Aug. 5, two days later than Musk wanted.

Musk's countersuit may be released as soon as Thursday, according to a person familiar with but not authorized to discuss the case.

McCormick ruled after San Francisco-based Twitter accused Musk of trying to release his 163-page countersuit on Wednesday without giving it a chance to redact, or black out, confidential information about the company.

Hours later, Musk's lawyers shot back, accusing Twitter of trying to bury "the side of the story it does not want publicly disclosed" and undermine the public's First Amendment constitutional right to know what both sides are arguing about.

Twitter had received a copy of the countersuit on July 29, and said court rules allowed it five business days to work on redactions. Musk said three business days were enough.

The dispute highlights the acrimony between Twitter and Musk, who is also chief executive of the electric car company Tesla (NASDAQ:TSLA) Inc.

Musk agreed to buy Twitter on April 25, but sought to back out on July 8 without paying a $1 billion breakup fee, citing Twitter's failure to provide details about the prevalence of bot and spam accounts.

Twitter sued him four days later, accusing him of sabotaging the merger because it no longer served his interests, and demanding he complete the merger.

An Oct. 17 trial is scheduled. Twitter has this week issued dozens of subpoenas to banks, investors and law firms that backed Musk's bid, while Musk issued subpoenas to Twitter's advisers at Goldman Sachs (NYSE:GS) and JPMorgan (NYSE:JPM).

Musk had offered to buy Twitter for $54.20 per share, saying he believed it could be a global platform for free speech.

Twitter shares closed up 2 cents at $41.00 on Wednesday.

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BROKERS ĐƯỢC CẤP PHÉP
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13-08-2022 02:11:28 (UTC+7)

EUR/USD

1.0266

-0.0051 (-0.49%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (1)

EUR/USD

1.0266

-0.0051 (-0.49%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (1)

GBP/USD

1.2140

-0.0072 (-0.59%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (3)

Sell (3)

USD/JPY

133.46

+0.47 (+0.35%)

Summary

Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (1)

Sell (5)

AUD/USD

0.7127

+0.0022 (+0.31%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (4)

Sell (2)

USD/CAD

1.2773

+0.0013 (+0.10%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (2)

Sell (7)

EUR/JPY

137.01

-0.20 (-0.15%)

Summary

Neutral

Moving Avg:

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Sell (1)

Indicators:

Buy (2)

Sell (4)

EUR/CHF

0.9668

-0.0037 (-0.38%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (4)

Sell (1)

Gold Futures

1,816.65

+9.45 (+0.52%)

Summary

Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (4)

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Silver Futures

20.747

+0.398 (+1.96%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (11)

Sell (0)

Copper Futures

3.6755

-0.0310 (-0.84%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (3)

Sell (5)

Crude Oil WTI Futures

91.81

-2.53 (-2.68%)

Summary

Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (3)

Sell (4)

Brent Oil Futures

97.83

-1.77 (-1.78%)

Summary

↑ Sell

Moving Avg:

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Sell (8)

Indicators:

Buy (2)

Sell (8)

Natural Gas Futures

8.776

-0.098 (-1.10%)

Summary

↑ Buy

Moving Avg:

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Sell (4)

Indicators:

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US Coffee C Futures

227.53

+3.58 (+1.60%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (1)

Euro Stoxx 50

3,776.81

+19.76 (+0.53%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (6)

S&P 500

4,271.00

+63.73 (+1.51%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

DAX

13,795.85

+101.34 (+0.74%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (4)

FTSE 100

7,500.89

+34.98 (+0.47%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (3)

Sell (2)

Hang Seng

20,175.62

+93.19 (+0.46%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (1)

US Small Cap 2000

2,009.10

+32.40 (+1.64%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (6)

Sell (1)

IBEX 35

8,400.40

+20.40 (+0.24%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (6)

BASF SE NA O.N.

44.155

+0.730 (+1.68%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (6)

Sell (2)

Bayer AG NA

54.15

+2.47 (+4.78%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (9)

Sell (0)

Allianz SE VNA O.N.

181.08

+2.08 (+1.16%)

Summary

↑ Sell

Moving Avg:

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Sell (7)

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Buy (3)

Sell (6)

Adidas AG

173.20

+1.18 (+0.69%)

Summary

↑ Buy

Moving Avg:

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Indicators:

Buy (8)

Sell (0)

Deutsche Lufthansa AG

6.588

+0.062 (+0.95%)

Summary

↑ Sell

Moving Avg:

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Sell (12)

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Buy (2)

Sell (6)

Siemens AG Class N

111.84

+1.92 (+1.75%)

Summary

↑ Sell

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Sell (12)

Indicators:

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Deutsche Bank AG

9.061

+0.197 (+2.22%)

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↑ Buy

Moving Avg:

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 EUR/USD1.0266↑ Buy
 GBP/USD1.2140Neutral
 USD/JPY133.46Sell
 AUD/USD0.7127↑ Buy
 USD/CAD1.2773↑ Sell
 EUR/JPY137.01Neutral
 EUR/CHF0.9668Neutral
 Gold1,816.65Buy
 Silver20.747↑ Buy
 Copper3.6755Neutral
 Crude Oil WTI91.81Sell
 Brent Oil97.83↑ Sell
 Natural Gas8.776↑ Buy
 US Coffee C227.53↑ Buy
 Euro Stoxx 503,776.81Sell
 S&P 5004,271.00↑ Buy
 DAX13,795.85Neutral
 FTSE 1007,500.89Neutral
 Hang Seng20,175.62↑ Buy
 Small Cap 20002,009.10↑ Buy
 IBEX 358,400.40↑ Sell
 BASF44.155↑ Buy
 Bayer54.15↑ Buy
 Allianz181.08↑ Sell
 Adidas173.20↑ Buy
 Lufthansa6.588↑ Sell
 Siemens AG111.84↑ Sell
 Deutsche Bank AG9.061↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,620/ 6,720
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SJC HCM6,630/ 6,730
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Cập nhật 13-08-2022 02:11:31
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ↀ Giá vàng thế giới
$1,800.56+11.410.64%
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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$91.29+2.082.23%
Brent$97.15+1.461.48%
$ 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 18:51:42 12/08/2022
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