Tag: Twitter Court Case

Twitter says it plans to close deal with Elon Musk

According to a letter filed with the U.S. Securities and Exchange Commission, Musk will follow through on the $44 billion acquisition pending the receipt of the deal’s debt financing and provided the Delaware Court of Chancery stays Twitter’s lawsuit against him and adjourns the upcoming legal trial that was slated to begin on Oct. 17.

Twitter shareholders approve $44bn Musk deal

Twitter’s shareholders have voted to approve a deal with Elon Musk to buy the company for $44bn (£38bn).
It means Twitter will now try to force Elon Musk to buy the company in the courts.