Twitter's Stock to be Delisted from NYSE on November 8
The New York Shares Exchange will delist Twitter's stock on November 8. This occurs a day after Elon Musk finished taking over the business. The delisting occurs on the same day as the American midterm elections. Twitter's shares was selling at $53.70, just under Musk's purchase price of $54.20. After the present members disband, Twitter will probably elect a new board.
Having fired CEO Parag Agrawal, CFO Ned Segal, general counsel Sean Edgett, and director of legal policy, trust, and safety Vijaya Gadde as one of his first moves, Musk will need to select a new executive team. While the CEO of Tesla dispelled speculations that he will fire 75% of Twitter's workers, the present employees are nonetheless ready for a possible layoff.
Source: https://finance.yahoo.com/news/twitter-delisted-york-stock-exchange-124708388.html
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