Elon Musk, Twitter unlikely to reach quick settlement in purchase dispute: report

Elon Musk, Twitter unlikely to reach quick settlement in purchase dispute: report

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Tesla founder Elon Musk and Twitter will not quickly resolve via a settlement, anonymous sources close to the legal battle have told the New York Post.
Twitter's stock soared Monday afternoon amid speculation that the delay in depositions for both Musk and Twitter CEO Parag Agrawal signaled an impending settlement, per the outlet. "They're barking up the wrong tree," the source told the Post with respect to those expecting a quick end to the legal battle.
In April, Musk announced that he had negotiated an agreement with Twitter to purchase the company for a sum of $44 billion. That announcement...
Source: https://justthenews.com/nation/technology/elon-musk-twitter-unlikely-reach-quick-settlement-purchase-dispute-report?utm_source=justthenews.com&utm_medium=feed&utm_campaign=external-news-aggregators