CEO Tesla Elon Musk won a reprieve from questioning by Twitter lawyers Monday, according to several press reports. The billionaire had been scheduled to give a deposition in his high-stakes court fight with Twitter over whether he has to follow through with his agreement to buy the social platform for $44 billion.
Instead, Musk’s questioning was postponed to a future date.
CEO Twitter paragraf Agrawal, who was also scheduled to face Musk lawyers on Monday, likewise postponed his deposition, according to a person who was briefed on the matter.
Penundaan Musk dilaporkan oleh Bloomberg, Reuters dan Wall Street Journal, yang semuanya mengaitkan informasi tersebut dengan sumber anonim.
Siapa yang akan mengatur alun-alun publik digital? Stephanie Mahin dari Institut Kenan mengatakan …
News of the postponements fueled a brief rally in Twitter shares, which jumped 5.4% to $43.03, apparently on hopes of a settlement in the case. That enthusiasm waned later in the day. Twitter shares closed Monday at $41.58, eight cents higher than they opened.
Pengamat pengadilan mengatakan bahwa penundaan seperti itu tidak biasa menjelang sidang praperadilan besar. Sidang tentang beberapa mosi praperadilan yang signifikan dijadwalkan pada hari Selasa.
Tweet ini: Pemegang saham Twitter memilih mendukung kesepakatan pengambilalihan Elon Musk
Both men were expected to answer questions posed by opposing lawyers ahead of an October trial that will determine who is at fault for the seeming collapse of Musk’s Twitter bid, not to mention who owes whom large sums of money as a result. The trial is set to begin October 17 in Delaware Chancery Court, where it’s scheduled to last just five days.
Musk, the world’s richest man, agreed in April to buy Twitter and take it private, offering $54.20 a share and vowing to loosen the company’s policing of content and to root out fake accounts. In July, he attempted to back out of the deal, leveling a number of charges at Twitter as justification for his action.
Twitter kemudian menggugat Musk untuk memaksanya menyelesaikan akuisisi.
