Twitter has scheduled a September 13 shareholder vote on Elon Musk’s buyout.

Dover, Del. – Twitter has set a September 13 date for its shareholders to vote on Tesla CEO Elon Musk’s pending purchase of the company.

The company said in a regulatory filing on Tuesday that it is recommending a shareholder vote to complete the $44 billion deal.

The date is ahead of a yet-to-be-scheduled October trial in the dispute between the billionaire, who is trying to renege on the deal, and the San Francisco company. Twitter has filed a lawsuit against Musk in Delaware after it said it wanted out of the deal.

“We are committed to closing the merger at the price and terms agreed with Mr. Musk. Your vote at the special meeting is important to our ability to complete the merger,” Twitter said in a letter to its shareholders. said

Earlier on Tuesday, Musk’s lawyers accused Twitter of slow-moving document preparation ahead of a trial to decide whether the Tesla CEO should be forced to complete the deal. Should.

Musk’s attorneys also said in court filings that Twitter Inc.’s attorneys have refused to agree to the proposed Oct. 17 trial date and are insisting on an Oct. 10 trial. Others are using uncertainty over the date to delay scheduling discussions.

A Delaware Chancery Court judge last week agreed to a speedy trial in the lawsuit filed by Twitter after Musk’s lawyers claimed that Twitter’s proposed case schedule was “a clear attempt to squeeze the defendants.”

“Given the compressed time frame, guidance from the court to break the deadlock is necessary to allow matters to move forward quickly,” attorney Edward Micheletti told Chancellor Kathleen St. Jude McCormick in scheduling Musk’s proposed case. said for

A Twitter spokeswoman said the company had no comment on the petition filed in court on Tuesday.

Musk agreed to buy Twitter and take it private in April, offering $54.20 a share and pledging to loosen the company’s content policing and root out fake accounts. As part of the deal, Musk and Twitter agreed to pay each other a $1 billion breakup fee if either was responsible for the deal falling apart.

Shares of Twitter closed at $39.34 on Tuesday, well above their 52-week high of $71.92.

Musk, the world’s richest man, indicated earlier this month that he wanted to back out of the deal, prompting Twitter to file a lawsuit calling it a “seller-friendly” deal. describes as

With the trial set to begin in October, Micheletti told the judge Tuesday that Twitter had refused to begin producing certain types of documents that were “clearly relevant” and “easily collected and produced.” ” Instead, Twitter’s lawyers claimed several categories of documents were not relevant, without identifying them, he said.

Documents sought by Musk’s lawyers include Twitter board minutes and related materials, ad sales and metrics, and manuals and policies related to “monetizable daily active usage or users,” or mDAU. This is a metric that Twitter uses to measure the number of people or organizations using its platform.

Musk has claimed that Twitter has failed to provide him with sufficient information about the number of fake accounts on its service, but the company has estimated over the years that less than 5 percent of MDAUs are spam or There are fake accounts.

Musk’s lawyers also claim that Twitter has refused to provide them with raw data that it maintains in the ordinary course of business, and which requires significant “machine time” and software development to do so. To be processed and analyzed by expert witnesses by the proposed deadline of Monday.

Twitter said last month that it was making a “firehose” of raw data on the millions of daily tweets available to Musk.

Musk’s attorneys are asking McCormick to approve an Oct. 17 trial date and order Twitter to immediately produce “core documents” and all raw data by Monday.

“Given the timeline until trial, every day counts,” Micheletti wrote.

Tuesday’s court filing shows that Musk plans to file his response to Twitter’s complaint later this week.

Ortote reported from Oakland, California.

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