04 October 2022 6:31 pm WAT
By
David
Elon Musk
(BBC)
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.
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