mylesillidge
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Elon Musk's Twitter deal collapses — shares fall 9%
Twitter Inc. shares dropped late on Friday after Elon Musk said he's terminating the $44 billion (R733 billion) agreement to acquire the social media company.
The stock fell as much as 9% in postmarket trading after a regulatory filing from Musk laid out his case for abandoning the deal.
[Bloomberg]
Twitter Inc. shares dropped late on Friday after Elon Musk said he's terminating the $44 billion (R733 billion) agreement to acquire the social media company.
The stock fell as much as 9% in postmarket trading after a regulatory filing from Musk laid out his case for abandoning the deal.
[Bloomberg]