As Elon Musk’s imbroglio with Twitter moves from the boardroom to the courtroom, one might expect that, under the watchful eye of Delaware’s Court of Chancery, things will take on a more predictable trajectory than they have so far.
In theory, the lawsuit that the social media platform launched Tuesday to force Musk to follow through on his acquisition offer presents a limited spectrum of possible outcomes: Musk could be forced to close at the agreed-upon US$44bil (RM195.93bil) price; pay a US$1bil (RM4.45bil) termination fee to get out of the deal; cough up some intermediary price that the court decides; or escape entirely unscathed.