Twitter said Friday the window has closed for federal antitrust regulators to block Elon Musk’s proposed $44 billion acquisition of the social-media company, removing another barrier to the transaction.
The company said the 30-day waiting period established under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, which gives the Federal Trade Commission and Justice Department time to review a transaction for potential antitrust violations, expired for the deal Thursday night.