Why Twitter Wants a Court Date in Delaware Quickly And Musk Does Not
Elon Musk arrives at court during the SolarCity trial in Wilmington, Delaware, U.S., on Tuesday, July 13, 2021.
Photographer: Al Drago/BloombergThis article is for subscribers only.
Hi, it’s Jef Feeley on Bloomberg’s legal team in Wilmington, Delaware, where I’m tracking today’s court hearing on Twitter’s lawsuit to force Elon Musk to pay up on his $44 billion buyout deal. Elsewhere, Jefferies slimming down and European luxury brand-owner Richemont is in the crosshairs of an activist.
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Elon Musk, in an effort to throw his $44 billion Twitter deal into reverse, is asking a Delaware court known for speed to hit the brakes.