Elon Musk’s response to Twitter’s lawsuit over the billionaire’s attempt to reverse his $44 billion takeover of the social media company comes before the end of the week.
It should be made public by Friday evening at the latest, according to a judge’s decision.
It’s a few days later than Musk’s team wanted. The attorneys wanted to file a public version of their response and counterclaims in the Delaware court on Wednesday.
Twitter lawyers complained they needed more time to review and possibly redact Musk’s sealed file, saying it “largely” referenced internal Twitter information and data provided to Musk.
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Chancellor Kathaleen St. Jude McCormick, in a conference call Wednesday, ordered the public filing to be filed by 5 p.m. Friday, but it could be filed sooner.
Twitter lawyers argued that court rules require five business days to pass before a public version of Musk’s case is filed.
“Few cases capture as much public interest as this one, and Twitter recognizes this tribunal’s commitment to ensuring maximum public access to its proceedings,” Twitter attorney Kevin Shannon wrote. “Twitter has no interest in offering more redactions to the defendants’ sensitive pleadings than necessary.”
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Musk’s attorney, Edward Micheletti, argued that Twitter’s attorneys were misinterpreting the court’s rules. Musk’s attorneys also said there was no confidential information in Musk’s file that should be withheld from the public.
“Twitter shouldn’t be allowed to continue burying the side of the story it doesn’t want to go public,” Micheletti wrote.
Musk agreed to buy Twitter in April, then indicated he wanted to walk away from the deal in July.
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Twitter sued to hold it to the “seller-friendly” deal.
Twitter shares closed Wednesday at $41, a far cry from a 52-week high of $69.81.
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Musk says Twitter hasn’t given him enough information about the number of fake accounts on its service.
Twitter claims Musk is deliberately trying to frustrate the deal because market conditions have deteriorated and the acquisition no longer serves his interests.
The Associated Press contributed to this report.