Twitter suspended from NYSE effective Friday after Musk completes deal

Oct. 26, 2022 8:18 PM ETTwitter, Inc. (TWTR)By: Joshua Fineman, SA News Editor176 Comments

Elon Musk To Buy Twitter

Scott Olson

  • Twitter (NYSE:TWTR) shares are set to be suspended from trading on the New York Stock Exchange effective Friday, according to a notice from the exchange.
  • The suspension comes amid a WSJ report that banks have begun funding their $13B portion of Elon Musk's $44B deal to take over Twitter (TWTR) as a Friday deadline to complete the transaction nears. Twitter rose 1% in after hours trading.
  • Musk was tweeting away in Twitter headquarters Wednesday, and changed his Twitter biography to read "Chief Twit" and his location "Twitter HQ," among the many signs that the deal was set to come to fruition after a multi-month saga.

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