Skip to main content
Tags: twitter | elon musk | sec | expiration | retirement | stocks | 44

Twitter Says Waiting Period for Musk's Deal Has Expired

Twitter Says Waiting Period for Musk's Deal Has Expired
(AP)

Friday, 03 June 2022 08:45 AM EDT

Twitter Inc. said on Friday the waiting period under the HSR Act for Elon Musk's $44-billion acquisition of the social media firm has expired.

Completion of the deal is now subject to remaining customary closing conditions, including approval by Twitter stockholders and the receipt of applicable regulatory approvals, Twitter said.

The HSR Act, or the Hart-Scott-Rodino Antitrust Improvements Act of 1976, requires parties to report large transactions to both the Federal Trade Commission and the U.S. Department of Justice Antitrust Division for review.

© 2025 Thomson/Reuters. All rights reserved.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.

StreetTalk
Twitter Inc. said on Friday the waiting period under the HSR Act for Elon Musk's $44-billion acquisition of the social media firm has expired.
twitter, elon musk, sec, expiration, retirement, stocks, 44, billion, deal
83
2022-45-03
Friday, 03 June 2022 08:45 AM
Newsmax Media, Inc.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 

Interest-Based Advertising | Do not sell or share my personal information

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© 2025 Newsmax Media, Inc.
All Rights Reserved
Download the Newsmax App
NEWSMAX.COM
America's News Page
© 2025 Newsmax Media, Inc.
All Rights Reserved