Twitter Has No Objection To Elon Musk’s October Trial Over Pull Out From $44 Billion Deal

“Twitter sought that commitment because it believes Musk’s objective remains to delay trial, render impracticable the Court’s expedition order, and thus avoid adjudication of his contractual obligations,” said the Twitter filing.

Attorneys for Musk, the world’s richest person and chief executive of electric car maker Tesla Inc, did not respond to requests for comment.

Twitter also dismissed Musk’s claims that the company was dragging its feet in responding to his demands for documents. Twitter said Musk is the one holding up the process by refusing to answer the company’s complaint, which it said would clarify the issues and any counterclaims he may assert.

Shares of Twitter closed up 1.3% at $39.85 on Wednesday. Musk agreed to acquire the company for $54.20 a share.

Written by Alex

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Elon Musk-Twitter Takeover Dispute Trial Set for October as Judge Refuse to Delay the Date

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