Musk and Twitter Near a Deadline for Deal. What to Watch

Elon Musk has until Friday evening to close his $44 billion acquisition of


Twitter


or face an uphill legal battle in Delaware Chancery Court next month. Wall Street likely won’t be comfortable until control of the company officially changes hands.

Chancellor Kathaleen St. J. McCormick of the Delaware Chancery Court gave the


Tesla


(ticker: TSLA) CEO until 5 p.m. on Friday to close his


Twitter


(TWTR) acquisition, but shares finished last week at a $4.31 discount to Musk’s $54.20 per share price tag. There are three outstanding concerns about the deal that still need to play out.