Deal complete, Twitter-Musk litigants ask judge to dismiss suit / Photo: Constanza HEVIA - AFP/File
-
Rutgers Defeats NJIT 101-64 Behind Francis and Mark Scores
-
Thukukile Zuma Resigns from ANC Johannesburg Leadership Amid Disciplinary Dispute
-
Russia Orders 100,000 Kometa Modules to Counter Ukrainian Electronic Warfare
-
CM Mohan Yadav Meets Bohra Spiritual Leader to Discuss Simhastha 2028 and Development
-
Mahayuti-backed Rajesh Patil Elected Chairman of Gokul Dairy Amidst Political Deadlock
-
Eli Crane Defeats Jonathan Nez in Tight Arizona Congressional Race
-
David Walliams Identified as Celebrity in Sexual Misconduct Allegations After Legal Bid
-
Sherilyn Smith Encourages Women to Embrace Scars as Symbols of Resilience
Deal complete, Twitter-Musk litigants ask judge to dismiss suit
Attorneys in the saga over Elon Musk's Twitter takeover have asked a Delaware court to dismiss the litigation following the deal's closure, according to court documents released Monday.
"Yesterday evening, Defendants and Twitter closed the transaction contemplated by the merger agreement dated April 25, 2022," said the October 28 letter from Musk's attorney in the case to Judge Kathaleen McCormick.
"In light of this development, Defendants and Twitter have agreed to dismiss their claims and counterclaims as set forth in the stipulation and proposed order of dismissal submitted with this letter."
Twitter sued Musk in the Delaware court in July after the unpredictable billionaire tried to walk away from the April deal to acquire the social media company for $44 billion.
But with an October trial date looming, Musk revived the deal in early October, ultimately sealing the takeover last week.
After taking over, Musk immediately dismissed senior Twitter leaders and said he would appoint a "content moderation council."
P.Santos--AMWN
