Hmmm: Twitter/Musk judge pauses litigation as deal approaches

A judge in Delaware has halted Twitter’s pending litigation against Elon Musk, granting the Tesla CEO more time to close his $44 billion acquisition deal after previously trying to back out of it.

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Chancellor Kathaleen St. Jude McCormick, head of the Delaware Chancery Court, said Thursday that Musk has until Oct. 28 to close the deal. A trial previously set for Oct. 17 will happen in November if he doesn’t, she said.

The announcement came after Musk’s team said in documents filed with Delaware’s Court of Chancery on Thursday that Twitter should halt the Oct. 17 court date so the financing can be pulled together, and the deal can be wrapped up before the end of the month.

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