Musk wants to delay process of multi-billion dollar merger

by time news

Twitter continues to insist on a September hearing to secure the deal’s funding: Even if Musk is sentenced to close the deal, it could still take months to complete the debt financing due to possible further litigation, but it expires in April. With the lawsuit, the San Francisco-based company wants to force Musk to go through with the merger at the agreed price of $54.20 per share.

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