New Development in Elon Musk’s Twitter Acquisition: Happy Ending Coming? Here’s Dogecoin’s Reaction!

According to Bloomberg, Twitter, the social media company that Elon Musk aspires to, has reportedly locked its employees’ stock accounts in anticipation of the completion of the deal.

This could be an indication that a deal is imminent with the acquisition of Twitter by Elon Musk. However, it is not yet clear whether there will be any changes in the terms of the agreement. Twitter shares soared on the news.

Earlier this month, an SEC filing by Elon Musk re-announced its plans to take over Twitter after initially putting it on hold.

The purchase in question was announced by Musk on Twitter. dogecoin due to use plans. cryptocurrency followed by the world.

Dogecoin’s reaction after the news that Musk is close to completing the purchase.

Stock Accounts of Twitter’s Employees Locked: Signs the End of the Deal with Elon Musk?

Ed Ludlow, a Bloomberg journalist, confirmed the news that Twitter employees’ stock accounts were locked. Ludlow said in a tweet that Twitter froze stock reward accounts for employees on Monday.

This development comes at a time when the deadline for making a deal with Elon Musk is approaching. This move could be a sign that Twitter is moving forward with the proposed deal. Meanwhile, Twitter shares surged after this news. Twitter shares are currently up about 2.33%.

Ed Ludlow said in his statement on Twitter:

“Twitter froze stock reward accounts for employees on Monday as the deadline to sign a deal with Elon Musk approaches. This move is a sign that Twitter is moving forward with the proposed deal.”

According to Bloomberg’s report, Twitter updated its employee FAQ page this week to warn its employees about this issue. Employees will not be able to access or trade stocks through the Stock Reward Center.

The report stated that this change was made in anticipation of completing the acquisition of Twitter by an organization controlled by Elon Musk.

*Not investment advice.

For exclusive news, analytics and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android and iOS Start live price tracking right now by downloading our apps!


source site-5