Tag Archives: proceeding

Elon Musk’s Twitter Deal Is Proceeding, Not ‘On Hold,’ Executives Tell Staff

Elon Musk’s Twitter Deal Is Proceeding, Not ‘On Hold,’ Executives Tell Staff

(Bloomberg) — Twitter Inc. executives told employees on Thursday that the $44 billion deal to sell the company to billionaire Elon Musk is moving forward as planned, and that they won’t renegotiate the agreed-upon price of $54.20 per share. Most Read from Bloomberg Vijaya Gadde, Twitter’s top lawyer and head of policy, also told workers at an all-hands meeting that there is “no such thing as a deal being on hold,” according to people who attended the meeting. She was pushing back on… Source link

Read More »

Jury deliberations to continue in 2022, sealed proceeding remains a mystery

Jury deliberations to continue in 2022, sealed proceeding remains a mystery

Jurors completed a sixth day of deliberations without a verdict in the criminal fraud case against former Theranos CEO Elizabeth Holmes on Wednesday, and a docket entry confirming that a sealed 23-minute proceeding took place on Tuesday remained a mystery. Deliberations are scheduled to resume on Monday, Jan. 3, 2022, at 8:30 A.M. Pacific Time. Federal District Court Judge Edward Davila didn’t reveal why the matter was shielded from public view. Both the government’s lawyers and Holmes’… Source link

Read More »