Twitter Deal Is Going Ahead, Executives Say

Twitter shares have risen by almost 1% following news that the deal with Elon Musk is proceeding as expected. Executives have assured staff that there is no 'deal on hold,' despite Musk's earlier concerns about the number of bots on the platform. Musk had previously paused the deal, seeking more data on bot accounts. However, Twitter executives now confirm the deal is moving forward at $54.20 per share, with no renegotiation. Twitter shares remain below Musk's offer price, but the sale continues.

What was the initial reaction of Twitter shares to the news about the Musk deal?

• They dropped significantly.

• They remained stable.

• They spiked almost 1%.

• They spiked over 10%.

What was Elon Musk's main concern that led to the temporary hold on the Twitter deal?

• The proportion of bots on the platform.

• The regulatory approval process.

• The number of active users.

• The price of Twitter shares.

What percentage of Twitter's platform did Musk believe was made up of bots?

• Less than 5%

• More than 50%

• Exactly 10%

• Around 25%

What is the agreed price per share in the Twitter-Musk deal?

• $54.20

• $37.00

• $60.00

• $42.50

How does the current Twitter share price compare to Musk's offer?

• It is higher than Musk's offer.

• It is exactly the same as Musk's offer.

• It is lower than Musk's offer.

• It is not mentioned in the transcript.