October 6, 2022 09:22 am
Original Link: https://www.theverge.com/2022/10/6/23390603/elon-musk-twitter-deposition-delayed-negotiations-deal-acqusition
Elon Musks Twitter deposition reportedly delayed as companies work to close deal
Elon Musk will no longer be deposed by Twitter’s lawyers on Thursday morning, after both sides agreed to a delay as they worked to close the $44 billion purchase of the social media network, the Financial Times and Bloomberg report. Musk was scheduled to be deposed for two days in Tesla’s home of Austin, Texas starting at 9:30AM, ahead of the trial’s scheduled start on October 17th. His deposition was previously pushed back from its original September 28th date due to COVID-19 exposure concerns.
Both sides are reportedly working to close the deal, after Musk informed Twitter this week of his intention to proceed with his original offer of $54.20 a share (though the New York Times reports that he had attempted to lower the price in...
Original Link: https://www.theverge.com/2022/10/6/23390603/elon-musk-twitter-deposition-delayed-negotiations-deal-acqusition
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