Twitter has filed a lawsuit to promptly fulfill the contract, saying that American entrepreneur Elon Musk has told the company that he will unilaterally withdraw the acquisition plan agreed with social media giant Twitter. A local court has announced that it will hold a proceeding in October.
American electric car maker Tesla CEO and entrepreneur Elon Musk has agreed to buy Twitter for a total of $ 44 billion, about 6 trillion yen in Japanese yen, but unilaterally withdrew the plan , Twitter has filed a lawsuit in a court in Eastern Delaware seeking to carry out the acquisition in line with the agreement.
The first hearing on the proceedings was held on the 19th, in which the court revealed that a delay in the hearing could damage Twitter, and that the hearing will be held in October for five days. Did.
Regarding the timing of the hearing, the Twitter side requested that it be held in September to protect shareholders etc., while Mr. Musk said that it will take time to disclose evidence regarding fake Twitter accounts etc. from February next year I was hoping for.
The court generally acknowledged the opinion of Twitter, but Mr. Musk may file further objections, and it is expected that there will be some twists and turns in the future.