Twitter: Musk 'slow-walking' trial over buyout deal

STORY: Twitter on Monday accused Elon Musk of trying to "slow walk" the lawsuit aimed at holding him to his $44-billion buyout of the social media platform.

It’s pushing for the case to be fast-tracked in a court in Delaware to ensure deal financing remains in place, according to a new filing.

Urging for a September trial, the document said, "Millions of Twitter shares trade daily under a cloud of Musk-created doubt."

Adding that "No public company of this size and scale has ever had to bear these uncertainties."

Twitter sued Musk last Tuesday for backing out of their deal, asking the court to order the world’s richest person to complete the merger at the agreed price.

The company said if Musk is ordered to close the deal it could still take months of additional litigation to close the debt financing, which expires in April.

For that reason, Twitter asked the judge to reject Musk's counterproposal to hold the trial in February.

Musk on Friday accused the social media giant of rushing the trial to obscure the truth about spam accounts – the issue he cited in backing out of the deal.

He also claimed /twittery was trying to "railroad" him into buying the company.

The two sides will make their arguments about the trial's proposed start date to a Delaware Court of Chancery judge on Tuesday.

The New York Post reported on Monday that Musk's lawyers are planning to countersue Twitter to gather more information about spam accounts.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting