Business
Musk and Twitter are approaching a trading deadline. What to see
Elon Musk has until Friday night to complete its $44 billion acquisition
Twitter
or face a tough legal battle at the Delaware Chancery Court next month. Wall Street will probably not feel comfortable until control of the company officially changes hands.
Prime Minister Kathaleen St. J. McCormick of the Delaware Premier Court gave
Tesla
(code: TSLA) CEO until 5 p.m. Friday to close
Twitter
(TWTR) buyback, but the stock ended last week at a discount of $4.31 to $54.20 per Musk’s share price tag. There are three prominent concerns about the deal that still need to be addressed.