Elon Musk agreed to buy Twitter for $44 billion an operation that various media and even the market had already anticipated since before operations began on Wall Street.
This news propelled Twitter shares more than 6% on the NYSE, where it has been listed since 2013, to $51.8 per share, its highest price since November.
Investors will receive 54.20 for each Twitter share they own, the company said in a statement Monday. Twitter’s operations were suspended after the news, since the company is obliged to inform the market, and all its investors, of this type of operation.
A little more than half an hour later, the company made the report and its shares resumed trading both on the New York Stock Exchange and on the BMV’s SIC. “Given that the causes that motivated the suspension of the securities of the aforementioned foreign issuer in the International Quotation System were overcome, this Stock Exchange proceeded to lift the suspension of the quotation of the securities identified with a ticker symbol (TWTR) to at 2:11 p.m. today, April 25, 2022, through the continuous trading scheme,” reported the BMV.