- Trading in shares of Twitter was halted on Tuesday following reports that Elon Musk would proceed with his $44 billion (roughly €44 billion) deal to buy the company.
- Business publication Bloomberg News on Tuesday reported that Musk made the proposal in a letter to Twitter — with legal actions between the two parties looming.
- Musk appeared for months to be trying to back out of the deal, primarily accusing Twitter of downplaying the number of suspected “spam bot” accounts not belonging to distinct users and individuals on the platform.
Trading in Twitter halted with Elon Musk deal reportedly back on 04.10.2022
