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Twitter shares halted after report Elon Musk deal to go ahead Twitter shares halted after report Elon Musk deal to go ahead
(32 minutes later)
Twitter shares have been suspended following a report that Elon Musk will proceed with a takeover of the social media platform.Twitter shares have been suspended following a report that Elon Musk will proceed with a takeover of the social media platform.
Mr Musk is set to buy Twitter at the original price he offered months ago before he walked away from a deal, according to Bloomberg News.Mr Musk is set to buy Twitter at the original price he offered months ago before he walked away from a deal, according to Bloomberg News.
Shares in Twitter were up almost 13% before trading was halted.Shares in Twitter were up almost 13% before trading was halted.
Mr Musk was due to face Twitter in court later this month he tried to pull out of the takeover. Mr Musk was due to face Twitter in court later this month after he tried to pull out of the takeover.