Musk-Twitter Saga: Weighing Scales May be Tilted Toward Twitter
06 Outubro 2022 - 09:29AM
TipRanks
After surprising the masses and going back to the pre-agreed terms
of acquiring Twitter (NYSE:TWTR) at $54.20 per share, Elon Musk
seems to be breaking his winning streak in the Musk-Twitter Saga.
In the courtroom battle, the weighing scales may be tilted toward
the social media company. Chancellor Kathaleen McCormick, who is
presiding over the hearing at the Delaware Chancery Court, is
preparing for the court hearing scheduled for October 17. “The
parties have not filed a stipulation to stay this action, nor has
any party moved for a stay,” Chancellor Kathaleen McCormick wrote
Wednesday. “I, therefore, continue to press on toward our trial set
to begin on October 17.
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