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

Daily Trade

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…

Articles You May Like

Warren Buffett’s Berkshire Hathaway scoops up Occidental and other stocks during sell-off
How Disney’s stock can book even more gains after its best year since 2020
Oil prices finish lower as downbeat China data ease demand prospects
Nvidia falls into correction territory, down more than 10% from its record close
SoftBank CEO and Trump announce $100 billion investment in U.S. by firm