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What went wrong with the Twitter takeover deal

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The ongoing legal tussle between Twitter, Inc. and Tesla CEO took a new dimension last Friday after the latter countersued the executives of the social networking platform. As per emerging reports, the Tesla founder confidentially filed the suit to frustrate efforts by Twitter executives to sustain the $44 billion takeover deal. The legal filing by Musk materialized a few days after the Delaware Court of Chancery directed the instigation of a five-day trial to study the contract terms and deter ...

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