Twitter shares rise as reports say Elon Musk deal close

over 3 years in Mckoys News

Twitter’s shares rose by about 4% in opening trade in New York on speculation the firm could agree on a takeover deal with Elon Musk as early as Monday. The board of the social media giant is reported to have met with Mr. Musk over the weekend to discuss his $43bn offer. Twitter had initially rebuffed the billionaire’s approach. But according to reports, Twitter is now in the final stages of negotiations with Mr. Musk to buy the business. Reuters, the news agency, reported that an announcement may come later on Monday after Twitter’s board met and recommended a deal to…

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