While Twitter has insisted on forcing Ilon Mask to buy her shares at $54.20 apiece, a billionaire, after giving up the terms of the deal, has filed a counter-claim, the content of which is still considered confidential. This week, the court will allow the parties to the dispute to disclose Ilon Mask's claims to Twitter management, but there is no agreement between them even in the time frame for the disclosure of this information.
Yesterday, Judge Katalyn McCormick, in charge of the case, decided to solve Ilon Mask's counter-suit by noon on 5 August of this year, and unofficial sources claim that this event could take place almost 24 hours earlier. When Ilona Mask's lawyers filed their suit, they allowed Twitter representatives to see the contents of the 163-page document and even allowed them to scrape the pieces that contained confidential information, all of which Twitter had planned to take five working days, but the Mask side insisted that it would be three enough.
This haste threatened to expose undesired information to Twitter, but the representatives of Ilon Mask do not see any particular problems in this regard, citing the provisions of the U.S. Constitution. It will be recalled that the court hearing on the Mask deal with Twitter, which he abandoned on July 8, will begin on October 17 and must end in five working days. The social network authorities insist that the court compel the Mask to purchase her assets at a price of $54.20 per action, while the opposite side of the conflict is convinced that the counterparty did not provide reliable information on the number of questionable accounts and made meaningful personnel changes without agreement with the majority shareholder in Ilon Mask.