x

Society

Musk Faces Deposition with Twitter ahead of October Trial

September 26, 2022

WILMINGTON, Del. — Tesla CEO Elon Musk is scheduled to spend the next few days with lawyers for Twitter, answering questions ahead of an October trial that will determine whether he must carry through with his $44 billion agreement to acquire the social platform after attempting to back out of the deal.

The deposition, planned for Monday, Tuesday and a possible extension on Wednesday, will not be public. As of Sunday evening it was not clear whether Musk will appear in person or by video. 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. Twitter shares closed Friday at $41.58.

Musk indicated in July that he wanted to back away from the deal, prompting Twitter to file a lawsuit to force him to carry through with the acquisition.

 

RELATED

The Ford Bronco initially was conceived and designed for rugged outdoorsy types, a two-door means of escape to nature from the bustling cities of mid-century America.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

10 Years after Armed Standoff with Federal Agents, Bundy Cattle are Still Grazing Disputed Rangeland

BUNKERVILLE, Nev. (AP) — The words “Revolution is Tradition” stenciled in fresh blue and red paint mark a cement wall in a dry river wash beneath a remote southern Nevada freeway overpass, where armed protesters and federal agents stared each other down through rifle sights 10 years ago.

JERUSALEM  — Booms and air raid sirens sounded in Jerusalem early Sunday after Iran launched dozens of drones and ballistic missiles toward Israel in an unprecedented revenge mission that pushed the Middle East ever closer to a regionwide war.

SAN FRANCISCO (AP) — Stephen Curry and the Golden State Warriors realize they will have a hard road to reach the playoffs.

The Ford Bronco initially was conceived and designed for rugged outdoorsy types, a two-door means of escape to nature from the bustling cities of mid-century America.

MEMPHIS, Tenn. (AP) — LeBron James had 37 points — including six in the final minute — and 10 rebounds, and Anthony Davis had 36 points and 14 rebounds as the Los Angeles Lakers beat the short-handed Memphis Grizzlies 123-120 on Friday night.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.