Judge delays Twitter's lawsuit against Elon Musk, gives billionaire more time to buy company | CBC News

Judge delays Twitter's lawsuit against Elon Musk, gives billionaire more time to buy company. Tesla CEO now has until Oct. 28 to seal the $44B deal.

Thomson ReutersElon Musk's Twitter account is seen on a smartphone in front of the company's logo. A judge has delayed a trial against Musk, giving him more time to finance a deal to buy the company.

Judge Kathaleen McCormick said if the deal did not close by her deadline the parties were to contact her to schedule a November trial. Musk was scheduled to go to trial on Oct. 17 and his Thursday deposition was postponed by mutual agreement. Musk said in a Thursday court filing banks are working cooperatively to fund the deal but that he needed more time, arguing a brief delay was still preferable to the months it would take to go through a trial and appeal.Twitter said in a court filing the judge should reject the proposal and in an indication of the lack of trust between the parties, said Musk's plan was "an invitation to further mischief and delay.

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