Skip to Content
AP National Business

Judge delays Twitter trial, gives Musk time to seal buyout

KVIA
By
Published 2:04 PM

By MATT O’BRIEN and BARBARA ORTUTAY
AP Technology Writers

A judge has delayed a looming trial between Twitter and Elon Musk. The move gives the Tesla CEO more time to close his $44 billion deal to buy the social media company after months spent fighting to get out of it. Chancellor Kathaleen St. Jude McCormick, head of the Delaware Chancery Court, said Thursday that Musk and Twitter have until Oct. 28 to close the deal. She said that a trial set for Oct. 17 will happen in November if they don’t. Musk renewed his offer Monday and asked to halt the trial to get the financing in order. Twitter objected because he’d already backed out once.

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KVIA ABC 7 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content