Twitter wants assurances that Musk will complete the deal.
The deposition had been due to take place last month
Musk has agreed to proceed with the purchase on the condition that Twitter drop its lawsuit against him. But thereports that negotiations are being held up over concerns that Musk could still attempt to get out of the deal if his $13 billion of debt financing falls through. The CEO has reportedly attempted to add a new contingency to the deal that would allow him to walk away if his debt financing isn’t received, which Twitter is pushing back on.
Twitter wants “precise contractual protections from the court to guarantee that Musk would close the deal,” according to theMusk’s apparent change of heart about the deal this week follows months of legal analysts casting doubt on the strength of his case. The CEO waived due diligence when he signed the deal in April, undermining subsequent attempts to question Twitter’s spam account numbers.
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