Judge Delays Twitter Trial, Giving Musk Time To Seal $44B Buyout

Judge Delays Twitter Trial, Giving Musk Time To Seal $44B Buyout

Assessment

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Social Studies

University

Hard

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Elon Musk faces a deadline to complete his purchase of Twitter by October 28th, as set by the judge overseeing the lawsuit between Musk and Twitter. After initially trying to back out of the $44 billion deal, Musk reversed his decision, but his lawyers express concerns about securing financing if the lawsuit continues. They request Twitter to drop the lawsuit to avoid alarming investors. However, analysts suggest Twitter may hesitate to do so, fearing Musk might change his mind again.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the deadline set by the judge for Musk to complete the Twitter purchase?

October 28th

October 15th

November 1st

November 15th

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Musk's initial stance on the $44 billion Twitter deal?

He wanted to increase the offer

He was indifferent

He wanted to back out

He was eager to complete it

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why are Musk's lawyers asking Twitter to drop the lawsuit?

To avoid a lengthy trial

To expedite the purchase

To prevent investor panic

To reduce legal fees

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Twitter's concern about dropping the lawsuit?

Musk might lower the offer

Investors might lose interest

Musk might change his mind again

The deal might take longer

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What potential issue do Musk's lawyers foresee if the lawsuit continues?

Increased media scrutiny

Difficulty in securing financing

Higher legal costs

Loss of public support