The Elon Musk vs. Twitter trial is on hold until October 28th

Illustration by Kristen Radtke / The Verge; Getty Images The trial between Elon Musk and Twitter that was scheduled to begin on October 17th is suddenly on hold. Judge Kathaleen McCormick granted the Musk side’s request for a stay, pending the closing of their deal for Musk to buy Twitter at $54.20 per share, just like the two sides agreed to on April 25th. The two sides have been engaged in negotiations to complete the acquisition, and earlier this week, Musk filed a letter insisting that he would go through with the purchase after all. As my colleague Liz Lopatto wrote in today’s This Week in Elon email, Musk’s change of heart and request for a stay is happening just in time to put off his deposition in the case, which had already been rescheduled to take place today. Musk’s lawyers argued,... Continue reading…
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