Trading in shares of Twitter was halted after the stock spiked on reports that Elon Musk would proceed with his $44 billion deal to buy the company after months of legal battles.
Musk offered to buy the San Francisco company at $54.20. Shares jumped nearly 13% to $47.95 before trading stopped.
Musk has been trying to back out of the deal for several months after signing on to buy the social media platform in April. Shareholders have already approved the sale.
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Musk reportedly proposes going ahead with deal to buy Twitter after months of legal battlesTrading in shares of Twitter was halted after the stock spiked on reports that Elon Musk would proceed with his $44 billion deal to buy the company after months of legal battles.
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Elon Musk reportedly proposes going ahead with deal to buy TwitterTrading in shares of Twitter was halted after the stock spiked on reports that Elon Musk would proceed with his $44 billion deal to buy the company after months of legal battles.
Consulte Mais informação »
Report: Musk proposes going ahead with deal to buy TwitterTrading in shares of Twitter was halted after the stock spiked on reports that Elon Musk would proceed with his $44 billion deal to buy the company after months of legal battles. The news, based on anonymous sources, was first reported by Bloomberg News.
Consulte Mais informação »
Report: Musk proposes going ahead with deal to buy TwitterTrading in shares of Twitter were halted after the stock spiked on reports that Elon Musk would proceed with his $44 billion deal to buy the company after months of legal battles.
Consulte Mais informação »
Report: Musk proposes going ahead with deal to buy TwitterTrading in shares of Twitter were halted after the stock spiked on reports that Elon Musk would proceed with his $44 billion deal to buy the company.
Consulte Mais informação »