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Judge Halts Elon Musk's Trial, Gives Until Oct 28 to Close Deal

 1 year ago
source link: https://www.businessinsider.com/judge-grants-elon-musk-request-halt-twitter-trial-2022-10
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Judge grants Elon Musk's request to halt trial, says the deal with Twitter must close by October 28 or it will resume in November

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Elon Musk at the Met Gala.
Elon Musk. Andrew Kelly/Reuters

The judge overseeing Twitter's lawsuit against Elon Musk granted the billionaire's request to halt the trial until October 28 to allow for the two parties to reach and close a deal.

Twitter opposed Musk's attempt to delay the trial on Thursday. The billionaire made a u-turn on his decision to abandon the $44 billion deal in a letter that was sent on Monday night.

If the two parties don't close the deal by Oct. 28, the judge said a trial will be set for November.

This is a developing story. Check back for updates.

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