Reports: Musk demands months of trial preparation in Twitter suit
Tesla According to multiple news reports, CEO Elon Musk on Friday fired back at Twitter’s lawsuit trying to force him to complete his $44 billion acquisition of the platform.
In a filing with the Delaware Court of Chancery, Musk’s attorneys accused Twitter Withholding information about fake accounts — a longtime concern for Musk — and causing delays, evasive answers, and erecting technical roadblocks. The filing also denied Twitter’s request for an expedited trial, claiming it would take months to get information from Twitter and expose numerous witnesses on the subject of fake accounts.
Back in April, Musk pledged to pay $54.20 per share for Twitter, which agreed to those terms after reversing its initial opposition to the deal. But the two sides have been preparing for a legal battle since the billionaire said a week ago that it was withdrawing from its agreement to buy the company.
The filing repeated several other allegations Musk had previously made, including alleging that Twitter violated the acquisition agreement by firing two senior executives without notifying Musk first.
Twitter filed its lawsuit in the Delaware Court of Chancery, which often hears business disputes between the many companies incorporated there, including Twitter.