Twitter joins the S & P 500

  The judge rules that Trump can not block people on Twitter

Twitter turned him into the S & P 500.

S & P Dow Jones Indices said Monday that the social media company will replace Monsanto in its index of the main public companies of the United States. . The company's shares jumped more than 3% after hours after the news.

Last week, the Department of Justice approved the sale of Monsanto to Germany's Bayer, provided the merged agrochemical company disposes of approximately $ 9 billion in business and badets. Bayer said Monday that the deal was worth $ 63 billion.

Bayer said it expects to complete the acquisition on Thursday. Once the deal is completed, the new conglomerate will withdraw the Monsanto brand.

"Bayer will remain the name of the company," the company said. "Monsanto will no longer be a company name, the products acquired will retain their brands and become part of Bayer's portfolio."

Twitter takes new measures for silent trolls, fraudulent content

Meanwhile, Twitter goes up and up.

In April, the company recorded its second consecutive profitable quarter, thanks to the renewed growth in its advertising sales business. It is also adding users after a stagnant 2017.

CNNMoney (New York) Published for the first time on June 4, 2018: 8:31 PM ET

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