Wall Street

Twitter, Musk head to October trial over $44 billion deal

Published by
Reuters

By Tom Hals and Sheila Dang (Reuters) -Twitter Inc’s lawsuit to hold Elon Musk to his $44 billion takeover will go to trial in October after a Delaware judge said on Tuesday the social media company deserved a quick resolution of the deal’s uncertainty. The ruling is a blow to Musk who pushed for a trial in February which his lawyer told the court would allow for an extensive investigation into the true number of spam accounts on the platform. Twitter had requested a September trial. Chancellor Kathaleen McCormick of the Court of Chancery in Delaware said the parties were capable of handling a…

Read More

Share this Story
Load More Related Articles
Load More In Wall Street