Musk's Twitter acquisition clears U.S. antitrust review

  • 📰 FoxNews
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 87%

United States News News

United States United States Latest News,United States United States Headlines

Musk's $44 billion Twitter acquisition, which would take the social media giant private at $54.20 per share, is still subject to shareholder and remaining applicable regulatory approvals.

is a step closer to completion as the regulatory waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 officially expired on Friday. and Department of Justice.

The agencies have 30 days from the notification to pursue an initial investigation of the transaction to determine whether additional information is needed to assess its legality. Neither agency requested additional information.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Love the Musker.

Lol he's not coming to save your fuhrer

rip twitter

United States United States Latest News, United States United States Headlines