Twitter shares halted after report Elon Musk deal to go aheadon October 4, 2022 at 5:39 pm

- Advertisement -
- Advertisement -
- Advertisement -
- Advertisement -

Trading in Twitter shares is suspended after a report stated the billionaire will now buy the business.

Breaking News image

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.

Shares in Twitter were up almost 13% before trading was halted.

Mr Musk was due to face Twitter in court later this month after he tried to pull out of the takeover.

- Advertisement -

Discover

Sponsor

Latest

Rishi Sunak speaks for first time as prime ministeron October 25, 2022 at 11:09 am

The new British prime minister gives his first address to the nation from Downing Street.The new British prime minister gives his first address to...

Singapore: Briton jailed for breaking strict quarantineon February 26, 2021 at 8:43 am

Nigel Skea, 52, was jailed and fined for breaking hotel quarantine to meet his fiancée on another floor.image copyrightReutersA Briton has been sentenced to...

Alison Hammond: Man arrested over blackmail claimson March 25, 2023 at 9:42 pm

Police say they arrested a 36-year-old man at an address in Warwickshire on Saturday evening.Police say they arrested a 36-year-old man at an address...

Scottish airport passengers urged not to arrive earlyon May 31, 2022 at 12:14 pm

Large queues formed at Glasgow and Edinburgh airports amid reports of major delays across the UK.

Dilbert comic strip dropped by US media over creator’s racist tiradeon February 26, 2023 at 6:03 am

The comic strip's creator Scott Adams said white people should "get the hell away" from black people.Image source, Getty ImagesMany US newspapers including the...