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Reading: Elon Musk Got More Time to Close Twitter Deal, Not More Options
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The Wall Street Publication > Blog > Tech > Elon Musk Got More Time to Close Twitter Deal, Not More Options
Tech

Elon Musk Got More Time to Close Twitter Deal, Not More Options

Editorial Board Published October 7, 2022
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Elon Musk Got More Time to Close Twitter Deal, Not More Options
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A judge’s decision to grant Elon Musk a delay in his legal battle with Twitter Inc. gave the billionaire more time to complete his acquisition of the social-media platform—but no new leeway to avoid the deal if he changes his mind again, lawyers following the case said.

Chancellor Kathaleen McCormick on Thursday paused a trial scheduled to start on Oct. 17 and gave Mr. Musk until Oct. 28 to close his $44 billion takeover, following his about-face Monday after months of effort to get out of the deal. The judge said if a deal isn’t closed by that date, she would reschedule the trial in November.

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