Elon Musk has more time to close Twitter deal, not more options
A judge’s decision to grant Elon Musk a delay in his legal battle with Twitter Inc. gave the billionaire more time to complete the 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 halted a trial that had been scheduled to start on Oct. 17 and gave Mr. Musk until Oct. 28 to close his $44 billion takeover, after he was kicked out on Monday after months of trying to get opt out of the agreement. The judge said if a deal isn’t finalized by that date, she would reset the trial in November.