Musk agrees to let Twitter buyout go forward as court actions continue

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Elon Musk
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A  Delaware Chancery Court trial might not happen after  Tesla CEO Elon Musk reportedly offered to live up to the original agreement to buy the company for  $44 billion.

Axios and other media outlets reported the offer was being studied by Twitter’s board.

As of Wednesday afternoon, the case was moving forward&nbsp

Musk has been on the losing side of challenges to Twitter’s case that included delaying the trial, now slated for this month, with prospects of losing in Chancery leading to the decision.

TIn making their case, Twitter lawyers cited a signed deal to purchase the company. Musk continued to claim that the social media company did not disclose that traffic is  artificially boosted by auto-tweeting “bots.”

No changes have been made in the Chancery calendar as of Tuesday afternoon, with the trial still scheduled to begin on Oct. 17.

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