Elon Musk Seeks To Block Twitter Request For Expedited Trial
- Elon Musk files an opposition against Twitter's complaint.
- Papers were filed at Delaware Chancery Court.
- The filing called Twitters demand "unjustifiable request".
Tesla Chief Elon Musk on Friday filed a motion opposing Twitter Inc’s request to fast-track a trial over his plan to terminate his $44 billion deal for the social media firm.
Papers filed at the Delaware Chancery Court, said Twitter’s “unjustifiable request ” to rush the merger case to trial in two months should be rejected.
“Twitter’s sudden request for warp speed after two months of foot-dragging and obfuscation is its latest tactic to shroud the truth about spam accounts long enough to railroad defendants into closing,” Musk’s filing said.
The move by Musk came after the San Franciso based company filed a legal petiton as he terminated the $44 bn takeover deal.
It sued Musk on Tuesday for violating the deal to buy the social media platform, asking a Delaware court to order the world’s richest person to complete the merger at the agreed price of $54.20 per share. The company requested the trial begin in September because the merger agreement with Musk terminates on Oct. 25.