CNBC by Lora Kolodny and Jonathan Vanian 7/15/2022
Key Points
• Elon Musk wants time to prepare for a trial over his contentious effort to pull out of his agreement with Twitter, according to a filing in a Delaware chancery court by his attorneys.
• Musk’s team says the trial should wait until next year, while after Twitter requested expedited treatment for a hearing as early as September 2022.
Elon Musk wants time to prepare for a trial over his contentious withdrawal from an agreement to buy Twitter for $44 billion, according to a filing in a Delaware chancery court by his attorneys on Friday.
Musk’s team says the trial should wait until next year, after Twitter had requested expedited treatment and a hearing as early as this September.
In their filing, an opposition to a motion filed earlier by Twitter, Musk’s attorneys alleged the company made a “sudden request for warp speed after two months of foot-dragging and obfuscation,” and said this was Twitter’s “latest tactic to shroud the truth about spam accounts.”
More:
https://www.cnbc.com/2022/07/15/elon-musk-asks-court-to-reject-twitters-request-for-speedy-trial.html