Musk wants longer Twitter trial delay


Hot case: The Twitter logo is seen above a trading post in the New York Stock Exchange. The company is suing Musk to force him to complete the buyout deal, but the billionaire says its misleading statements give him a valid reason to cancel his offer. — AP

NEW YORK: Elon Musk is planning to seek a delay in the trial over his US$44bil (RM197.3bil) proposed buyout of Twitter Inc until as late as December, amid new whistle-blower revelations about the company’s response to bot accounts, according to people familiar with Musk’s strategy.

In a court filing, Musk has proposed the Oct 17 trial be pushed to some time in November, but the people said he was preparing to ask Delaware Chancery Court Judge Kathaleen St J McCormick for delay until early December.

5.5 PAYDAY OFFER: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Diversify your funding sources, says central bank
Wow factor of Woven City�
Short bets on life insurance surge
Rethinking China manufacturing
AI chips lift Taiwan, Korea equities
DPS jumps on data centre wave
Power in play
Funding the power
Secondhand luxury sellers go global
Chery on the cake

Others Also Read