Musk and Twitter CEO seek to reschedule depositions over $44-billion buyout
Elon Musk and Twitter Inc. Chief Executive Parag Agrawal are seeking to reschedule their depositions in the company’s lawsuit over Musk’s $44-billion buyout, according to people familiar with the matter.
Musk and Agrawal had been scheduled to sit down for questioning Monday. The billionaire’s deposition was supposed to start at 9:30 a.m. at a law office in Wilmington, Del., and Agrawal was scheduled to appear in San Francisco, court filings show.
Instead, Agrawal wants to reschedule his session for later this week, and Musk wants his to take place somewhere other than Delaware, according to the people, who asked not to be identified discussing a private subject.
Depositions often are rescheduled for the convenience of the parties to a legal dispute and their lawyers.
A representative for Twitter declined to comment on the matter. A spokesman for Musk’s lawyers also declined to comment.
The lawsuit is set for a five-day trial starting Oct. 17. Delaware Chancery Judge Kathaleen St. J. McCormick must decide whether the world’s richest person had legitimate grounds for walking away from the $54.20-per-share deal.
The overall job market may be softening, but employers of truck drivers, fast-food cooks and solar roof installers can’t hire fast enough.
Each side has fired a volley of subpoenas at the other to elicit testimony and other evidence about the number of bot and spam accounts on the social media platform, among other subjects.
Musk claims Twitter deceived him about the quality of the platform’s user base; the company alleges that is only a pretext for abandoning the deal.
McCormick will hold a hearing Tuesday on several fights over pretrial information exchanges, such as whether Bruce Falck, who oversaw product revenue at Twitter, must sit for a deposition.