Elon Musk’s attorneys formally asked a judge to stay the trial set to start Oct. 17 after the Telsa CEO earlier this week agreed again to buy Twitter for the original deal price of $44 billion.
Twitter’s carefully worded response back on Tuesday to the renewed offer was that it also intended to close the deal for the original price, of $54.20 a share.
But the social media company has been reluctant to end legal proceedings without guarantees given Musk’s previous about-face and questions over financing.
Musk agreed to buy Twitter in April but pulled out of the deal in July, prompting Twitter to sue in Delaware Chancery Court.
Read more on deadline.com
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