Twitter hearing for expedited deal termination trial set for Tuesday
Scott Olson


Twitter (NYSE:TWTR) is set to have its first hearing Tuesday on a motion to expedite a trial against Elon Musk for his decision to terminate the $44 billion acquisition.
The hearing is set for 11am in Wilmington, Delaware at the Chancery Court, according to a legal filing. The hearing is scheduled to end no later than 12:30pm.

Twitter (TWTR) late Tuesday filed suit against the Tesla (TSLA) CEO in an effort to force him to adhere to the terms of his $44B acquisition of the company. Last Friday, Musk said he was terminating the deal, which had been approved by Twitter's board of directors, due to concerns about the number of fake, spam and bot accounts on the site.
On Thursday, Rosenblatt Securities analyst Barton Crockett raised his rating on Twitter (TWTR) to buy on the grounds that the company has leverage on its side in its fight with Musk.