Back to Top

Twitter-Musk takeover dispute to go to trial in October

panorama.am07/20th/2022, 7:18
  • Email
  • Facebook
  • Twitter

Twitter-Musk takeover dispute to go to trial in October

A US judge has ordered that Twitter's lawsuit against Elon Musk go to trial in October, a blow to the world's richest man who had asked for a delay, BBC News reports.

Mr Musk walked away from his $44bn (£36bn) bid to buy Twitter earlier in July, prompting the company to sue him.

Twitter hopes that the court will order Mr Musk to complete the takeover at the agreed price of $54.20 per share.

The tech billionaire has accused Twitter of withholding information about fake accounts.

His legal team has called for the trial to be held early next year due to its complexities, but Twitter asked for a September date.

On Tuesday, a judge in the state of Delaware agreed with the company and said a delay to the trial would c...

Read full story

Weather

Temp {{currentData.temp}}℃
Wind {{currentData.wind}}km/h
Humidity {{currentData.humidity}}
  • Yerevan
  • Abovyan
  • Tsaghkadzor
  • Sevan
  • Gyumri
  • Ejmiatsin
  • Dilijan
  • Vanadzor
  • Ashtarak
7 Day Forecast

Exchange rates

Buy Sell
USD 407 416
EUR 408 428
RUR 6.4 6.9
more rates
Already available
Back to Top