Shares of social media platform Twitter Inc (NYSE: TWTR ) jumped Thursday with a report that an acquisition by Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk could be nearing a finish line.
Twitter shares then fell after-hours Thursday after a new report said the deal to buy Twitter is in “peril.”
What Happened: A new report from The Washington Post calls a planned $44 billion acquisition of Twitter by Musk in jeopardy due to figures on spam accounts not being able to be verified.
“Elon Musk’s deal to buy Twitter is in serious jeopardy,” sources told the Washington Post.
Musk has stopped working on funding for ...
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