Billionaire offered to complete his proposed $44bn buyout of Twitter in a dramatic U-turn on decision to withdraw from deal

A Delaware judge has said the Twitter v Elon Musk trial is still going ahead later this month because neither side has asked to pause proceedings.

Kathaleen McCormick, the judge on Delaware’s Court of Chancery, wrote that no one has applied for a “stay” in the action, despite Musk performing a U-turn on Monday on his decision to withdraw from a $44bn deal to buy the social media platform.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

New Delhi placed under weekend lockdown as Covid wave worsens

The capital has overtaken Mumbai as India’s worst hit city amid surge…

Trump to appear in New York court on Tuesday to answer criminal charges

Details of charges not known as indictment remains under seal, while lawyer…

Vladimir Putin warns west to stop meddling in Afghanistan

During ‘farewell summit’ with Angela Merkel, Russian leader says US-led campaign cannot…