Twitter Shares Plunge After Elon Musk Backs Away From $44B Deal

THR, Esq. 2022-07-11

Summary:

Shares in Twitter have tumbled after Elon Musk abandoned his $44 billion deal for the social media giant. On Monday, Twitter’s stock price was down $4.16, or 11.3 percent, to $32.65 after news that Musk had terminated the takeover deal on grounds the target company was in “breach” of the merger agreement. On Friday, in […]

Link:

https://www.hollywoodreporter.com/business/business-news/twitter-shares-plunge-after-elon-musk-backs-away-from-44b-deal-1235178265/

From feeds:

Music and Digital Media » THR, Esq.

Tags:

business

Authors:

Etan Vlessing

Date tagged:

07/11/2022, 16:43

Date published:

07/11/2022, 16:15