Twitter stock rises 4% on Wall Street, takeover by Elon Musk seems imminent

Twitter shares rose nearly 4% on Monday in early trading on Wall Street as several US media reported that the social network was about to accept Elon Musk’s takeover offer.

According to several sources, cited in particular by the New York Timess, the wall street journal and CNBC, the group could announce on Monday its acquisition by the boss of Tesla, who offered in mid-April to seize the entire group at a price of 54.20 dollars per share and to withdraw the platform of the New York Stock Exchange.

Further details will follow.

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