A timeline of Elon Musk's 10-month chaotic saga to buy Twitter, from him tweeting a poop emoji at the CEO to declaring himself 'Chief Twit'
Twitter fired back on July 12 by suing Musk and accusing him of “refusing to honor his obligations.”Twitter scored its first win"The longer the merger transaction remains in limbo, the larger a cloud of uncertainty is cast over the company," Chancery Court Judge Kathaleen St. J. McCormick said.is operating a"scheme to mislead investors about the company's prospects."
In the complaint, the security chief — better known as"Mudge" — accused the company of"lying" to Elon Musk about spam accounts on its site, and having poor security practices that could violate a previous FTC settlement agreement. However, the judge called the billionaire's original request for"trillions upon trillions" of data points"absurdly broad."
During the hearing, it was revealed that Musk had told a banker at Morgan Stanley to "slow down" the deal in May.That happened well before he officially said he planned to back out of the purchase. The billionaire said he wouldn't want to buy the company"if we're heading into World War 3" with Russia.Getty Images