Twitter to depose Elon Musk in Delaware on September 26-27 over authorized battle | World News

Twitter Inc will query Elon Musk beneath oath in Delaware subsequent week as a part of the litigation within the billionaire's bid to stroll away from his $44 billion deal for the social media firm.

A Tuesday submitting in Delaware's Court docket of Chancery mentioned Musk's deposition is scheduled for Sept. 26-27 and will stretch into Sept. 28 if needed.

The 2 sides are locked in an more and more acrimonious authorized battle that has swept up of a few of the largest names in Silicon Valley and Wall Avenue.

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Subpoenas have being issued to billionaire Larry Ellison, the co-founder of Oracle Corp, Intel Corp's former Chief Government Officer Robert Swan and Twitter co-founder Jack Dorsey, who's at present chief government of Block Inc.

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

Additionally learn: Elon Musk accuses Twitter of fraud, needs ex-employee to testify in authorized battle

Both sides has accused the opposite of breaking the April takeover settlement. Twitter needs a decide to order Musk, who's chief government of Tesla Inc and the world's richest individual, to purchase the corporate as agreed for $54.20 per share.

Shares in San Francisco-based firm had been down barely in early Tuesday buying and selling at $41.54.