Elon Musk, Twitter have yet to reach deal to end litigation

Washington DC, 5/10: Elon Musk and Twitter Inc have not yet reached an agreement to end the litigation and clear the way for the world’s richest person to close his $44-billion deal for the social media platform, two sources familiar with the litigation told Reuters on Wednesday.

Keep an eye on the docket,” said one source.

 

Twitter’s legal team and lawyers for Musk, the world’s richest person, updated the judge who is overseeing the litigation on Tuesday to try to overcome mutual distrust and find a process for closing the deal.