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As Musk Takeover Nears Twitter to Suspend Shares On NYSE
Source: Reuters, Oct 27, 2022
Twitter’s shares were up about 1% at $53.94 in early trading on Thursday.
Twitter Inc (TWTR.N) shares will be suspended from trading on Friday, the New York Stock Exchange’s website showed, as billionaire Elon Musk faces a court-ordered Oct. 28 deadline to close his $44 billion deal to buy the social media company.
Musk, the world’s richest person, visited Twitter’s headquarters in San Francisco on Wednesday and hinted he was the company’s top boss after updating his profile bio to “Chief Twit”.
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