MoonPay CEO, Other Executives Cashed Out Before Crypto Business DroppedRead more

Briefing
markets

Musk’s Lawyers Say Deal Could Close on October 28 if Trial is Cancelled

By
Becky Peterson
· · Source: The Information

Elon Musk’s lawyers say they can close his $44 billion Twitter acquisition on October 28 if Twitter agrees to cancel its upcoming trial, scheduled to begin October 17. The necessity of a trial, to decide whether Musk has to acquire Twitter, has been up for debate since Monday when Musk told Twitter he was willing to buy the company under the original terms agreed upon in April. Twitter has...

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