Elon Musk and Twitter have yet to reach an agreement to end litigation – sources

Twitter can take a hard line because they have the winning hand, says NYT's James Stewart

Elon Musk and Twitter have yet to reach an agreement to end the litigation and pave the way for the world’s richest person to complete his $44 billion deal for the social media platform, two sources told Reuters on Wednesday. close to the dispute.

“Keep an eye on the case,” a source said.

Twitter’s legal team and attorneys for Musk, the world’s richest person, briefed the judge overseeing the litigation on Tuesday to try to overcome mutual distrust and find a process to close the case.

Musk is expected to be dropped off Thursday in Austin, Texas.

Elon Musk’s Twitter profile is seen on a smartphone atop printed Twitter logos in this illustration taken April 28, 2022.

Dado Ruvic | Reuters

“That’s the pressure point,” said a second source.

Musk quashed a deposition in late September citing concerns about potential exposure by a Twitter attorney to someone who later tested positive for COVID-19, according to a court filing released Wednesday.

Musk, who is also chief executive of the electric vehicle maker You’re heresaid in July that he was backing out of the April buyout deal because he discovered Twitter misled him about the number of fake accounts, among other allegations.

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