Elon Musk filed a motion on Friday opposing Twitter Inc’s request to fast-track a trial over his plan to terminate his $44 billion deal for the social media firm.
Musk’s lawyers, in papers filed with the Delaware Chancery Court, said Twitter’s “unjustifiable request to rush this $44 billion merger case to trial in just two months” should be rejected.
“Twitter’s sudden request for warp speed after two months of foot-dragging and obfuscation is its latest tactic to shroud the truth about spam accounts long enough to railroad defendants into closing,” the filing said.
The lawyers argued that the core dispute over false and spam accounts is fundamental to Twitter’s value, is extremely fact- and expert-intensive, and will require substantial time for discovery.
The lawyers have requested a trial date on or after Feb. 13 next year.
Twitter declined to comment.
Shares of Twitter were down about 1% in extended trading. (Reporting by Ananya Mariam Rajesh in Bengaluru and Sheila Dang in Dallas; Editing by Sriraj Kalluvila and Rosalba O’Brien)