Twitter’s battle with Elon Musk over $44 billion deal heads to Oct. 17 trial

Published by
Reuters UK

By Tom Hals WILMINGTON, Del. (Reuters) -Twitter’s bid to hold Elon Musk to his $44 billion deal for the social media platform will head to a five-day trial beginning Oct. 17, and Musk must reveal by the end of Friday any legal claims he has against the company, a Delaware judge ruled. Musk, the world’s richest person and chief executive of Tesla Inc, has until 5 p.m. EDT (2100 GMT) on Friday to file any counterclaims, according to the order signed late Thursday by Chancellor Kathleen McCormick of the Delaware Court of Chancery. Musk’s lawyers have said he might file counterclaims – essentially…

Read More

Leave a Reply