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© Reuters. A picture of Elon Musk is seen on smartphone positioned on printed Twitter logos on this image illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration
WILMINGTON, Del. (Reuters) -Elon Musk and Twitter Inc (NYSE:) haven’t but reached an settlement to finish the litigation and clear the way in which for the world’s richest individual to shut his $44-billion deal for the social media platform, two sources conversant in the litigation instructed Reuters on Wednesday.
“Regulate the docket,” mentioned one supply.
Twitter’s authorized crew and attorneys for Musk, the world’s richest individual, up to date the choose who’s overseeing the litigation on Tuesday to attempt to overcome mutual mistrust and discover a course of for closing the deal.
Musk is scheduled to be deposed on Thursday in Austin, Texas.
“That is the strain level,” mentioned a second supply.
Musk canceled a deposition in late September citing considerations a few Twitter lawyer’s attainable publicity to somebody who later examined constructive for COVID-19, in keeping with a courtroom submitting made public on Wednesday.
Musk, who can also be chief govt of electrical automobile maker Tesla (NASDAQ:) Inc, mentioned in July he was strolling away from the April takeover settlement as a result of he found Twitter had allegedly misled him concerning the quantity of pretend accounts, amongst different claims.
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