Friday, 24 March, 2023

Twitter-Musk takeover dispute scheduled for five-day trial in October

<p>The five-day trial for Twitter&#39;s case to compel Elon Musk to uphold his $44B buyout agreement will take place in October. Musk opted to pull out of the $44B buyout offer last week, and the microblogging platform then filed a lawsuit against him. Twitter asked for a four-day trial in September and filed a move to speed up the legal process. Musk&#39;s legal counsel objected to the proposal. Twitter tries to hold Musk to his agreement to pay $54.20 per share for the business.</p>