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21st July 2022, 08:38 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
Posts: 148,797
| Musk forced to Twitter trial early Might still be forced to buy the company or lose a billion dollars It does not appear that Elon [look at me] Musk's plan to avoid getting into trouble over his sudden change of heart over buying Twitter is going to plan. To outsiders it looks like one of the world's richest men looks like he thought that he could put in an offer for Twitter, make a few jokes about it and walk away from the deal when he felt like it. But because of all the causes in the deal, Musk either has to go through with it or write a cheque for a billion dollars to Twitter. His legal team wanted a trial some time next year to give them time to prove Musk's snark that Twitter had more than five per cent fake users as a good reason he had to walk away. However, Chancellor Kathaleen McCormick, the chief judge at Delaware's Court of Chancery said that would just give Musk more time to damage Twitter's value and insisted the trail go ahead in October. https://fudzilla.com/news/55175-musk...er-trial-early |
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