Hollywood super-agent and Endeavor CEO Ari Emanuel reportedly tried to broker a deal between Elon Musk and Twitter’s board of directors to settle their heated legal battle over a nixed $44 billion takeover.
Emanuel – who was spotted partying with a shirtless Musk aboard a yacht off Mykonos over the summer – contacted Twitter board member Egon Durban inside the previous few weeks to recommend the 2 sides reach a settlement before their case goes to trial, a report said on Friday.
Durban relayed details about his talks with Emanuel to Twitter’s other board members, Bloomberg reported, citing sources acquainted with the matter.
Twitter declined comment. Musk’s team didn’t immediately return The Post’s calls. The Post also reached out to Endeavor for comment on the report.
Twitter’s stock was up about 3% to roughly $44 per share in late trading Friday.
It’s unclear what prompted Emanuel to become involved within the high-stakes legal battle or whether his overtures yielded any progress toward a settlement, based on Bloomberg.
Elon Musk was spotted on Ari Emanuel’s yacht over the summer.ThePhotOne / BACKGRID
Elon Musk desires to nix his $44 billion deal to purchase Twitter.NTB/AFP via Getty Images
Emanuel is closely linked to Durban, who can be a member of Endeavor Group Holdings’ board of directors. Musk was a board member at Endeavor until he stepped down earlier this yr.
Musk caused a stir in July when he was photographed hanging out with Emanuel and his wife Sarah Staudinger on the posh yacht. Photos of the holiday buddies sparked countless memes and even led Musk to declare it was time for him to get back in shape.
Emanuel’s apparent back-channel efforts emerged just weeks before the highly anticipated trial is slated to kick off on Oct. 17.
Elon Musk’s trial date with Twitter is slated for next month.Anadolu Agency via Getty Images
“It makes me think Elon doesn’t have some form of stellar ace for the trial,” a hedge fund manager closely following the situation told The Post. “I’d must presume Ari isn’t going rogue here.”
Twitter is in search of a court order that might force Musk to purchase Twitter along the originally-agreed sale terms of $54.20 per share, or about $44 billion.
Meanwhile, Musk is attempting to back out of the deal entirely. His legal team has cited concerns about spam bots inside Twitter’s user base and accused company representatives of withhold critical information related to that issue.
Twitter is attempting to carry Musk to the deal’s original terms.Anadolu Agency via Getty Images
Musk’s legal team and Twitter are still sparring over key deposition dates ahead of the trial. A court filing this week said Musk could be deposed by Twitter’s lawyers on Oct. 6 and seven, though a source told The Post the date has yet to be finalized.
Twitter CEO Parag Agrawal can be slated to be deposed prior to the trial. He withdrew from a scheduled deposition on Monday resulting from unspecified personal reasons.
The delayed depositions sparked rampant speculation that the 2 sides were in settlement talks, but Twitter shares tanked after The Post reported a source near the situation said no settlement was immediately expected.
Josh Kosman contributed reporting.