A court document showed that a judge in the US state of Delaware had ordered Twitter’s lawsuit against the American billionaire, Elon Musk, to be suspended until five p.m. local time on October 28. To allow the billionaire to complete the Twitter acquisition, As reported by “Reuters”.
This comes just days after Tesla’s CEO changed course and agreed to buy Twitter at the previously agreed price.
And the documents revealed that Musk had proposed pursuing his original offer to acquire Twitter for $ 44 billion, demanding an end to a lawsuit filed by the company, which could force him to pay, whether he wanted to or not.
The deal would put the richest person in the world at the helm of one of the most influential media platforms and put an end to months of litigation that has damaged the Twitter brand and fueled what is known about Musk’s strange and unexpected actions and decisions.
Musk will take over the company he originally pledged to buy in April, but quickly overturned his decision.
Musk tweeted Tuesday that “the (Twitter) purchase will accelerate his ambition to create an application for everything called (X).”
