Skip to content

Here’s How Mergers Close as Musk and Twitter Move to the Altar

  • Sealing a messy deal involves more than Musk saying ‘I do’
  • Who will be celebrating union and how remains to be seen
Twitter headquarters in San Francisco, California.

Twitter headquarters in San Francisco, California.

Photographer: David Paul Morris/Bloomberg

Elon Musk’s acquisition of Twitter Inc. -- one of the messiest mergers in recent history -- is slated to close by Friday under the supervision of a Delaware court, Bloomberg News has reported. While deal announcements get a lot of attention, closings tend to attract far fewer eyeballs. 

But they are just as important. After all, a deal isn’t done until it’s, well, done. Primarily a legal matter handled by junior lawyers, here’s how closings typically work.