There’s a new wrinkle in the six-month-plus saga of Elon Musk’s mercurial attempt to buy Twitter. The multibillionaire is being investigated by federal authorities over his “condu…
The multibillionaire is being investigated by federal authorities over his “conduct” in connection with his proposed Twitter acquisition, according tofrom the company’s lawyers filed with the Delaware Chancery Court. The letter was filed Oct. 6 and released publicly Thursday. Twitter sued Musk in the Delaware court, demanding that he fork over the $44 billion he had agreed to under the binding pact reached in April.
“This game of ‘hide the ball’ must end,” the company’s filing said. “Twitter wants those documents, because they bear upon key issues in this litigation.”and other outlets that the Twitter filing was a “misdirection” and claimed that it is actually Twitter’s executives who are under federal investigation. Twitter denied in a statement to Bloomberg that it is being investigated.until Oct. 28 to allow the parties to close the $44 billion deal. The trial was slated to begin Oct. 17.
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