Twitter trading halted after Elon Musk reportedly proceeds with takeover deal ...Middle East

The Hill - Technology
Twitter trading halted after Elon Musk reportedly proceeds with takeover deal
source : The Hill ( Middle East ) () 39
Trading of Twitter shares halted on Tuesday afternoon after reports emerged that Elon Musk proposed moving forward to buy the company at his original offer of $54.20 per share. The share price jumped by more than 12 percent on Tuesday after Bloomberg first reported the news, saying Musk notified Twitter of his intentions in a letter. In April, Musk offered to buy the company in what would be a $44 billion deal, but he had since attempted to back out of the acquisition on multiple occasions, leading to a legal battle with Twitter that is set to go to trial on Oct. 17. The Hill has reached out to Musk’s attorneys and a Twitter spokesperson for comment. Musk attempted to walk away

Hence then, the article about twitter trading halted after elon musk reportedly proceeds with takeover deal was published today ( ) and is available on The Hill ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Twitter trading halted after Elon Musk reportedly proceeds with takeover deal )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Technology
Meta Plans to Cut 10% to 15% of Employees in Reality Labs Business
The New York Times - before 4 hours & 15 minute
6 in 10 say Big Tech has too much influence in DC
The Hill - before 2 hours & 44 minute
Masters of Albion is a "culmination" of Peter Molyneux's life's work, and it's coming to PC this April
Eruogamer - before 7 hours & 34 minute
UK probes X over Grok AI chatbot’s sexualized images while Elon Musk blasts ‘fascist’ government
New York Post - before 6 hours & 2 minute
Mom warns of risks after daughter's death revealed links to online nihilists
CBS News - before 10 hours & 54 minute
Minecraft-like Hytale has already sold enough to fund the next two years of development, and it's not even out yet
Eruogamer - before 6 hours & 45 minute
Elon Musk’s X Under UK Investigation Over Grok’s Sexualized A.I. Images
The New York Times - before 9 hours & 22 minute
Meta warns Australia’s under-16 social media ban isn’t effective — after banning nearly 550K accounts
New York Post - before 6 hours & 50 minute
Meta names Dina Powell McCormick as president and vice chairman
CBS News - before 6 hours & 35 minute
Nine in 10 Americans use AI on their phone — but only 38% realize it
New York Post - before 9 hours & 51 minute
Steam blasts past 42 million concurrent users as its sustained growth continues
Eruogamer - before 9 hours & 22 minute
Meta selects Dina Powell McCormick as president and vice chair
The Hill - before 9 hours & 38 minute


Latest News

6 in 10 say Big Tech has too much influence in DC

before 2 hours & 44 minute

Meta Plans to Cut 10% to 15% of Employees in Reality Labs Business

before 4 hours & 15 minute

Google Gemini AI picked to power Apple's Siri

before 4 hours & 58 minute

UK probes X over Grok AI chatbot’s sexualized images while Elon Musk blasts ‘fascist’ government

before 6 hours & 2 minute

Meta names Dina Powell McCormick as president and vice chairman

before 6 hours & 35 minute

Minecraft-like Hytale has already sold enough to fund the next two years of development, and it's not even out yet

before 6 hours & 45 minute

Meta warns Australia’s under-16 social media ban isn’t effective — after banning nearly 550K accounts

before 6 hours & 50 minute

Masters of Albion is a "culmination" of Peter Molyneux's life's work, and it's coming to PC this April

before 7 hours & 34 minute

Is the Switch 2 getting more expensive soon? Nintendo says there’s no "immediate impact", but will keep an eye on volatile memory market

before 8 hours & 21 minute

Elon Musk’s X Under UK Investigation Over Grok’s Sexualized A.I. Images

before 9 hours & 22 minute

Steam blasts past 42 million concurrent users as its sustained growth continues

before 9 hours & 22 minute

Meta selects Dina Powell McCormick as president and vice chair

before 9 hours & 38 minute

Nine in 10 Americans use AI on their phone — but only 38% realize it

before 9 hours & 51 minute

Lego Pokémon unveiled, but catching 'em all will cost you

before 9 hours & 52 minute

Call of Duty on Nintendo Switch 2? It could happen sooner than we thought, according to the latest CoD HQ datamine

before 10 hours & 37 minute