Judge in Twitter lawsuit against Elon Musk says proceedings will continue

A authorized submitting made public Wednesday within the court docket battle between Twitter Inc.
TWTR,
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and Tesla Inc.
TSLA,
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Chief Government Elon Musk reveals that the choose expects the proceedings to proceed regardless of a letter from Musk stating he intends to undergo along with his proposed $44 billion takeover of the social community if Twitter drops the lawsuit. Chancellor Kathaleen McCormick of the Delaware Chancery Court docket wrote within the submitting {that a} keep has not been filed with the court docket, so she expects that plans, together with a delayed deposition of Musk scheduled for Thursday, will proceed. After having fun with their second finest each day share achieve on file Tuesday, Twitter shares had been down about 1% Wednesday with roughly an hour left to go within the session.