Elon Musk can add a Twitter Inc. whistle-blower’s allegations about spam and bots on the social media platform to his legal arsenal as the company fights to make him complete his $44 billion buyout, a judge ruled.
Delaware Chancery Judge Kathaleen St. J. McCormick on Wednesday allowed the billionaire to add former Twitter security chief Peiter Zatko’s accusations of “egregious deficiencies” in Twitter’s operations to his case for walking away from the $54.20-per-share deal.
But she rebuffed his bid to push back the Oct. 17 trial date, and Twitter’s shares jumped on the news. They were up 5.4% at $40.74 at 12:42 p.m. in New York.
