Musk Has to Meet Twitter Data Demand on Potential Investors
- Billionaire must hand over information on people key to deal
- Delaware judge rules for Musk on other Twitter requests
Elon Musk
Photographer: Al Drago/BloombergThis article is for subscribers only.
Elon Musk was ordered to hand over information about potential investors in the $44 billion buyout of Twitter Inc. he is seeking to cancel, in a win for the social media company that sued to make him consummate the deal.
Delaware Chancery Court Judge Kathaleen St. J. McCormick on Tuesday overruled the billionaire’s objections to Twitter’s demands that he turn over information on parties that may have been involved in an equity raise of more than $7 billion for the $54.20-a-share acquisition.