The HSR Act’s waiting period for Elon Musk’s $44 billion acquisition of Twitter Inc ended on Friday, according to Twitter Inc. The Hart-Scott-Rodino Antitrust Improvements Act (HSR Act) requires parties to submit major transactions to the Federal Trade Commission and the Antitrust Division of the United States Department of Justice for assessment.

Why is Elon Musk really putting his Twitter deal'on hold'? | Financial Times

The agreement is now subject to the satisfaction of the remaining customary closing conditions, which include approval by Twitter stockholders and the receipt of all necessary regulatory clearances, according to Twitter.

Is Twitter resisting Musk takeover? Billionaire's new tweet raises speculation - World News

The news comes after Musk claimed last month that the Twitter transaction was “temporarily on hold” while he sought additional information about the platform’s false account percentage. Musk has obtained cash for the deal, including $33.5 billion in stock and $13 billion in debt secured against Twitter. In premarket trading, Twitter’s stock increased approximately 2% to $40.62.

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