Illustration by Lille Allen / The Verge
Okay. So it looks like I don’t need to go to Delaware this October. There’s a stay in Elon Musk’s lawsuit against Twitter — which is meant to give the parties time to close the deal. If the deal doesn’t close, the court case is back on for November.
What a year this week has been! On October 4th, Musk filed a nice letter with the SEC saying that, actually, he did intend to do the Twitter deal, and he did intend to do it at $54.20 a share — just as long as the court proceedings stopped. Coincidentally I’m sure, Musk’s twice-delayed deposition was to take place October 6th.
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“Yes, we also think Elon Musk should buy us for $54.20 a share in the deal he negotiated himself.”
Look, there are a lot of lawyers in my life, and I love you all…
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