Elon Musk's $44 billion Twitter deal faces 1st legal hurdle in US : Rashtra News #Elon #Musks #billion #Twitter #deal #faces #1st #legal #hurdle New Delhi: The Orlando Police Pension Fund has sued Elon Musk and his $44 billion buyout of Twitter, claiming that the deal cannot close till 2025 owing to Tesla CEO’s stake
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The matter will be heard by the arbitrator under Section 17 of the Arbitration and Conciliation Act that will allow the arbitral tribunal to pass interim orders in the matter.
The Orlando Police Pension Fund has sued Elon Musk and his $44 billion buyout of Twitter, claiming that the deal cannot close till 2025 owing to Tesla CEO's stake in the micro-blogging platform.