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Twitter to depose Elon Musk in Delaware on Sept. 26-27

By Tom Hals WILMINGTON, Del (Reuters) -Twitter Inc will question Elon Musk under oath in Delaware next week as part of the litigation in the billionaire's bid to walk away from...
Twitter to depose Elon Musk in Delaware on Sept. 26-27 © Reuters. FILE PHOTO: An image of Elon Musk is seen on a smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration
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By Tom Hals

WILMINGTON, Del (Reuters) -Twitter Inc will question Elon Musk under oath in Delaware next week as part of the litigation in the billionaire's bid to walk away from his $44 billion deal for the social media company.

A Tuesday filing in Delaware's Court of Chancery said Musk's deposition is scheduled for Sept. 26-27 and may stretch into Sept. 28 if necessary.

The two sides are locked in an increasingly acrimonious legal battle that has swept up of some of the biggest names in Silicon Valley and Wall Street.

Subpoenas have being issued to billionaire Larry Ellison, the co-founder of Oracle Corp (NYSE:ORCL), Intel Corp (NASDAQ:INTC)'s former Chief Executive Officer Robert Swan and Twitter (NYSE:TWTR) co-founder Jack Dorsey, who is currently chief executive of Block Inc.

A five-day trial is scheduled to begin on Oct. 17 in Wilmington, Delaware.

Each side has accused the other of breaking the April takeover agreement. Twitter wants a judge to order Musk, who is chief executive of Tesla (NASDAQ:TSLA) Inc and the world's richest person, to buy the company as agreed for $54.20 per share.

Shares in San Francisco-based company were down slightly in early Tuesday trading at $41.54.

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29-09-2022 22:00:35 (UTC+7)

EUR/USD

0.9768

+0.0034 (+0.35%)

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Sell (3)

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EUR/USD

0.9768

+0.0034 (+0.35%)

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Moving Avg:

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GBP/USD

1.1040

+0.0152 (+1.40%)

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USD/JPY

144.57

+0.41 (+0.29%)

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Moving Avg:

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AUD/USD

0.6477

-0.0046 (-0.70%)

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USD/CAD

1.3714

+0.0109 (+0.80%)

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EUR/JPY

141.22

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EUR/CHF

0.9580

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18.668

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Euro Stoxx 50

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11,950.28

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FTSE 100

6,855.15

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Neutral

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17,165.87

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US Small Cap 2000

1,662.10

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7,287.52

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38.773

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124.22

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5.832

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    EUR/USD 0.9768 ↑ Buy  
    GBP/USD 1.1040 ↑ Buy  
    USD/JPY 144.57 ↑ Buy  
    AUD/USD 0.6477 ↑ Buy  
    USD/CAD 1.3714 Neutral  
    EUR/JPY 141.22 ↑ Buy  
    EUR/CHF 0.9580 ↑ Buy  
    Gold 1,661.95 ↑ Buy  
    Silver 18.668 ↑ Buy  
    Copper 3.3902 ↑ Buy  
    Crude Oil WTI 82.12 ↑ Buy  
    Brent Oil 87.88 ↑ Buy  
    Natural Gas 6.755 ↑ Buy  
    US Coffee C 226.55 ↑ Buy  
    Euro Stoxx 50 3,269.35 ↑ Buy  
    S&P 500 3,636.30 ↑ Buy  
    DAX 11,950.28 ↑ Buy  
    FTSE 100 6,855.15 Neutral  
    Hang Seng 17,165.87 ↑ Buy  
    Small Cap 2000 1,662.10 ↑ Buy  
    IBEX 35 7,287.52 ↑ Buy  
    BASF 38.773 ↑ Buy  
    Bayer 47.52 ↑ Buy  
    Allianz 159.14 ↑ Buy  
    Adidas 124.22 ↑ Buy  
    Lufthansa 5.832 ↑ Buy  
    Siemens AG 97.80 ↑ Buy  
    Deutsche Bank AG 7.585 ↑ Buy  
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$1,652.09 -4.41 -0.27%
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Ngoại tệMua vàoBán ra
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GBP25.019,9326.086,16
JPY160,11169,50
KRW14,3117,43
Cập nhật lúc 17:59:34 29/09/2022
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