Twitter-Musk takeover dispute heads for October trial

| Jul 20, 2022, 12:17:59 PM | AP
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Elon Musk lost his fight to delay Twitter's lawsuit against him as a Delaware judge on Tuesday set an October trial, citing the "cloud of uncertainty" over the social media company after the billionaire backed out of a deal to buy it. Twitter wants the billionaire to make good on his April promise to buy the social media giant for $44 billion. Musk, the world's richest man, pledged to pay $54.20 a share for Twitter but now wants to back out of the agreement.

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