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Twitter, Elon Musk to Argue Over Trial Timetable to Force $44 Billion Takeover

Delaware Chancery Court judge could decide as soon as Tuesday on the social-media company’s request for an expedited schedule
Elon Musk wants until February to begin the trial, while Twitter is seeking a four-day proceeding in September. PHOTO: MIKE BLAKE/REUTERS

Elon Musk wants until February to begin the trial, while Twitter is seeking a four-day proceeding in September. PHOTO: MIKE BLAKE/REUTERS

Twitter Inc. TWTR 1.78%▲ and Elon Musk will face off in court for the first time Tuesday as the social-media company seeks to fast track its lawsuit requiring Mr. Musk to finish his $44 billion takeover.

Attorneys for Twitter and Mr. Musk will argue over how soon a trial should take place before Chancellor Kathaleen St. Jude McCormick, the chief judge of the Delaware Chancery Court. Twitter is seeking a four-day proceeding in September, while Mr. Musk wants until February to begin the trial.

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Author: Editors Desk

Source: WSJ:

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