Elon Musk Loses Attempt To Delay Twitter Buyout Trial

Reuters reports:

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.

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Twitter and Elon Musk will go to trial in October over whether the billionaire must complete his $44 billion acquisition of the social media company, a Delaware judge ruled on Tuesday. https://t.co/feO8w9XHbu

— The New York Times (@nytimes) July 19, 2022

Elon Musk Loses Fight to Delay Twitter Trial Over $44 Billion Acquisitionhttps://t.co/y0txpBbnQ1

— Mediaite (@Mediaite) July 19, 2022

Delaware Chancellor Agrees to Fast-Track Twitter’s Contract Fight with Elon Musk, as Tech Giant Accuses Billionaire of ‘Attempted Sabotage’https://t.co/S0hFDKJQPO

— Law & Crime (@lawcrimenews) July 19, 2022