UPDATE | Early evening, the judge agreed to postpone the proceedings until October 28, the date by which Musk’s team said they expected to close the transaction. If they fail to reach an agreement by then, the trial will likely begin in November.
Perhaps there was reason to question the reversal.with the Delaware Court of Chancery, unilaterally requesting that a judge halt their upcoming trial and insisting that Twitter “will not take yes for an answer” on the billionaire’s renewed offer.
The social media giant had resisted halting the proceedings until it was sure the transaction will actually go through—and that Musk's financing is fully secured.
Representatives for Twitter did not immediately respond to The Daily Beast’s request for comment, but in its ownon Thursday, the company rejected the argument that it was “unwilling to take yes for an answer.” “They refuse to commit to any closing date,” the filing said, “all the while remaining free to change their minds again or to invent new grounds to avoid the contract.”
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