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Twitter Says Ready Interval For Elon Musk’s Deal Is Over

Twitter Inc stated on Friday the ready interval beneath the HSR Act for Elon Musk’s $44-billion acquisition of the social media agency has expired.

Completion of the deal is now topic to remaining customary closing situations, together with approval by Twitter stockholders and the receipt of relevant regulatory approvals, Twitter stated.

The HSR Act, or the Hart-Scott-Rodino Antitrust Enhancements Act of 1976, requires events to report giant transactions to each the Federal Commerce Fee and the U.S. Division of Justice Antitrust Division for assessment.

(Apart from the headline, this story has not been edited by IHNS workers and is revealed from a syndicated feed.)

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