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

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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…

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