MarketWatch First Take: It is time for Twitter to get as much of Elon Musk’s money as a court will allow

0
15

The mercurial Elon Musk finally made it official Friday: He declared in a regulatory filing that he no longer wants to go through with his $44 billion deal to buy Twitter Inc., a deal that the market has never really expected would happen.

The big question now is who has the best legal case when it comes to litigation that Twitter TWTR Chairman Bret Taylor said the company will pursue, possibly in the form of a breach-of-contract suit. Experts told MarketWatch the Delaware Chancery Court will likely move fast to review any…

This article was originally published by Marketwatch.com. Read the original article here.

Previous articleFed funds futures now pricing in small chance of full-percentage-point rate hike
Next articleOil prices end higher for the session, down for the week

LEAVE A REPLY

Please enter your comment!
Please enter your name here