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Tuesday, November 29, 2022

Twitter, Elon Musk Trial Postponed as Deal Talks Stall

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A Delaware judge presiding over the clash between Elon Musk and Twitter Inc. postponed a trial in the matter Thursday, adding fresh uncertainty to efforts to close the $44 billion deal.

The surprise ruling, granting a request by Mr. Musk, effectively ends negotiations for a settlement that would allow the parties to quickly close the deal. Mr. Musk now has until Oct. 28 to do so.

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