Elon Musk And Twitter CEO Parag Agarwal Escape Questioning Ahead Of Trial

The billionaire had to issue a statement regarding his crucial legal dispute with Twitter.

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It must abide by the terms of its agreement to pay $44 billion to purchase the social platform (about Rs 3,37,465 crore).

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Twitter's CEO, Parag Agarwal, was scheduled to meet with Musk's attorneys on Monday.

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The Wall Street Journal, Reuters, and Bloomberg all reported on Musk's postponement.

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They all cited unknown sources as the information's origin.

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The announcement of the delay sparked a brief rise in Twitter shares, which rose 5.4% to $43.03 (about Rs 3,500).

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On Monday, shares of Twitter closed at $41.58 (about Rs 3,300).

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Before the October trial, both men were supposed to respond to questions from competing attorneys.

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In April, Musk, the richest man in the world, proposed $54.20 (about Rs 4,180) per share to buy Twitter and take it private.

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He made a number of accusations on Twitter to try and justify his withdrawal from the agreement.

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