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Delaware judge, Kathaleen McCormick, has given Elon Musk a deadline of 5 pm ET on 28 October to complete a $44bn deal to buy Twitter (TWTR, $52.78), or else she will see him and the social media platform in court soon after. She is unlikely to offer an extension and would favor a quick start for the trial if Musk misses the deadline.
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McCormick was preparing to preside over a trial on 17 October in which Twitter was set to demand that the Tesla chief executive complete a takeover deal he signed in April. Musk had backed out in July but, as the mid-October date loomed, he performed a surprise U-turn and re-committed to buying Twitter after all.