HomeBusinessAs Musk nears takeover, NYSE suspends Twitter shares.

As Musk nears takeover, NYSE suspends Twitter shares.

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  • Shares of Twitter will not be traded on Friday, according to the website of the New York Stock Exchange as the takeover of Twitter by Elon Musk closes by.
  • If the deal goes through, Twitter will drop its lawsuit. Twitter and its investors now expect the deal to go through at its original price of $54.20 per share.
  • On Thursday morning, Twitter’s stock was up about 1% to $53.94.
  • Since July, when the stock hit its lowest point in four months, it has gone up by almost 65%.

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