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

Quantum Computing Debate Continues, But We See Staggering Gains Ahead
Flying Cars: The Market’s Hidden Gems for 2025
Irenic takes a position at KBR. Here’s how the activist may help improve shareholder value
‘I trust that my husband isn’t a gold digger’: I’m inheriting millions of dollars. My husband says I’m ‘selfish’ to keep it. Should I share it?
Trading platform Dub will pay some retail investors to share portfolios through TikTok-like ‘creator program’