Musk delays deposition after making offer to acquire Twitter

Elon Musk will no longer appear at a deposition after both parties in the Twitter-Musk legal battle agreed to delay his appearance amid negotiations to finalize the billionaire’s offer to acquire the company.

Musk was scheduled to be deposed on Thursday among the various legal proceedings between the two parties, according to Bloomberg. He was expected to be deposed for two days from Tesla headquarters in Austin, Texas. His deposition was previously pushed back from the original Sept. 28 date after one of the lawyers was allegedly exposed to COVID-19.

MUSK VS TWITTER TRIAL TO PROCEED AS PLANNED DESPITE OFFER, JUDGE RULES

The deposition delay arrived the same day the judge overseeing Twitter’s suit against Musk stated that she intended to move forward as planned. Musk and Twitter’s legal team “have not filed a stipulation to stay this action, nor has any party moved for a stay,” Delaware Court of Chancery Ambassador Kathaleen McCormick said in a Wednesday ruling.

Musk sent a letter to Twitter on Monday night informing the company that he would reverse course and go through with the purchase. Twitter quickly responded, stating on Tuesday that it would agree to accept the deal. In his letter, though, Musk said that Twitter would need to move for an end to the trial before the sale could go through at the agreed-on price.

Musk’s legal team has spent the last few months arguing that Twitter lied about the number of spam bots on its platforms. In contrast, Twitter claimed that Musk had pulled out of the deal after seeing Tesla stock diminish in value.

These legal battles have revealed several details about Musk’s decision-making, including his fixation on free speech and a flippant approach to the purchase. Musk’s researchers were also unable to substantiate Musk’s claims about bots, according to recently released court filings.

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A majority of Twitter’s shareholders voted in favor of approving the deal on Sept. 13, leaving the deal solely in the hands of Musk.

However, Twitter’s employees have not voiced support for Musk’s takeover. Several employees have said they will leave the company if Musk takes over.

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