Musk Gets Most of Twitter Shareholder Suit Over Buyout Dismissed

Elon Musk got a judge to throw out most of a Twitter Inc. shareholder’s lawsuit over his effort to cancel his $44 billion buyout of the company, already the subject of a high-profile legal battle.

Delaware Chancery Judge Kathaleen St. J. McCormick on Tuesday dismissed the bulk of the suit, filed July 29, which targets Musk’s “lame rationales for reneging on his contract.”

A trial over Twitter’s own lawsuit to make Musk consummate the buyout, which was due to start in Wilmington next week, is on hold as the social media company weighs a last-minute effort by Musk to renew ...