Tesla’s CEO is instead calling for it to take place in February, according to media reports.
Why it matters: Twitter seems intent on settling the matter as soon as possible, but Musk wants more time for discovery — presumably to better build his case.
According to a summary of the file reviewed by The New York Times, Musk blamed Twitter for “delays” and “disgusting responses” to the question of how many spam bots were active on the site. This issue is at the heart of his stated refusal to pursue the deal. To date, Musk has not been satisfied with the information provided by Twitter.
What’s next: A Delaware Chancery judge will hear arguments Tuesday morning from both sides of the case, according to a court filing. Meanwhile: Also Friday, Twitter’s board urged shareholders to approve Musk’s takeover of the company, according to a new SEC filing. Editor’s note: This is breaking news. Check back for updates.
