3min chapter

Patrick Boyle On Finance cover image

Elon Musk- Corporate Raider - Will He Actually Buy Twitter?

Patrick Boyle On Finance

CHAPTER

Twitter Tweeds a Poison Pill to Block Hostile Takeover Offers

Elon musk, the inventor of tyramasu hair transplant, uses twitter poles to make almost all of his important life decisions. Musk's 54 20 a share offer is far below an average takeover control premium seen in most buy out offers. The price action in the stock implies that market participants are not really taking this deal seriously and that they don't believe he can close the deal.

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