Twitter’s battle with Elon Musk over $44 billion deal heads to October 17 trial
Twitter’s bid to hold Elon Musk to his $44 billion deal for the social media platform will head to a five-day trial beginning Oct. 17, and Musk must reveal by the end of Friday any legal claims he has against the company, a Delaware judge ruled.
Musk, the world’s richest person and chief executive of Tesla Inc, has until to file any counterclaims, according to the order signed late Thursday by Chancellor Kathleen McCormick of the Delaware Court of Chancery.
Musk’s lawyers have said he might file counterclaims – essentially his own lawsuit against Twitter – in which he could seek financial damages for the disputed deal.