Why We Are Here > Web Development
Musk offers to buy Twitter
ergophobe:
https://www.theverge.com/2022/4/14/23024905/elon-musk-offers-to-buy-twitter
What could wrong?
rcjordan:
"Piper Sandler analysts called the offer “reasonable” while Bloomberg observed that a competing bid would be unlikely to exceed $50 billion. At $54.20 per share, Musk is seeking to take the company private for a total of roughly $43 billion.
The most confounding take came from Goldman Sachs, whose strategists were hired to advise Twitter’s board in regard to Musk’s offer. They said $54.20 was too low to be taken seriously, yet Goldman currently has a SELL rating on TWTR with a price target of just $30 per share."
Goldman Advisors Say "No Deal" to Musk's Twitter Bid
https://www.unseenopp.com/goldman-advisors-say-no-deal-to-musks-twitter-bid/
Debbie is definitely uneasy about an un-stifled Musk twitter platform.
rcjordan:
Mark Cuban says Musk is just pumping the stock price on the 10% of twitter he owns and he'll sell out for a good profit. Musk did similar with Tesla, announcing he was going to take it private. Stock shot up.
ergophobe:
Now that makes sense.
Same with dogecoin.
rcjordan:
Twitter to accept Elon Musk’s $45 billion bid to buy company (independent.co.uk)
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