Hindenburg Research Backs Twitter in Elon Musk Lawsuit

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.

The fight is set: Elon Musk has bowed out of his $44 billion Twitter takeover, and, in response, the social media company is taking the world's richest man to court (the Delaware Court of Chancery, in particular).

One bet-maker, the famed short-selling firm Hindenburg Research, has pegged Twitter as the favorite in the legal bout. Markets are already moving.

Continue reading


Source Fool.com