adsterra

Home News Musk Seeks To Block Twitter's Fast-Track Trial Over $44 Billion Deal

Musk Seeks To Block Twitter's Fast-Track Trial Over $44 Billion Deal

July 15, 2022

 Elon Musk's lawyers, in papers filed with the Delaware Chancery Court, said Twitter's "unjustifiable request to rush this $44 billion merger case to trial in just two months" should be rejected.

Musk Seeks To Block Twitter's Fast-Track Trial Over $44 Billion Deal

San Francisco: 

Elon Musk filed a motion on Friday opposing Twitter Inc's request to fast-track a trial over his plan to terminate his $44 billion deal for the social media firm.

Musk's lawyers, in papers filed with the Delaware Chancery Court, said Twitter's "unjustifiable request to rush this $44 billion merger case to trial in just two months" should be rejected.

The lawyers have requested for a trial date on or after Feb. 13 next year.

Twitter did not immediately respond to a request for comment.

Shares of Twitter were down about 1% in extended trading.

Tags :

No comments:

Subscribe to: Post Comments ( Atom )
'; (function() { var dsq = document.createElement('script'); dsq.type = 'text/javascript'; dsq.async = true; dsq.src = '//' + disqus_shortname + '.disqus.com/embed.js'; (document.getElementsByTagName('head')[0] || document.getElementsByTagName('body')[0]).appendChild(dsq); })();
Powered by Blogger.