Musk’s appeal against Twitter unveiled on Friday

Aug 3 (Reuters) – The Delaware Court of Chancery judge who will decide Elon Musk’s aborted $44 billion takeover of Twitter TWTR.N announced that the billionaire’s appeal will be made public by Aug. 5.

According to a source familiar with the situation, the document could be made public as early as Thursday.

Kathleen McCormick made her decision after Twitter accused the Tesla boss of wanting to release a 163-page document on Wednesday, preventing him from editing the company’s confidential information.

The social network received a copy of the appeal on July 29 and indicated that, under the rules adopted by the court, it is given five working days to edit the document. Elon Musk thought that three working days would be enough.

The billionaire terminated the Twitter takeover agreement in early July, accusing the group of violating its contractual obligations by providing, in particular, erroneous or incomplete data on the number of fake accounts. Social media denied the allegations.

(Report by Tom Hulce, Greg Rumeliotis and Jonathan Stempel; French version by Camille Reynaud)


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