Elon Musk makes $43B unsolicited bid to take Twitter private

Re:Elon Musk makes $43B unsolicited bid to take Twitter private by dkjaudyeqooe on Thursday April 14, 2022 @12:30PM (#31029233)

That's not how it works, the board would look at the long term value of the company, not the current price or what it will be in the next few weeks if Elon sold.

For instance Twitter stock was $60 last october, if they didn't ask for at least that it would be shortchanging shareholders and also imply a declining company.

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Re:Elon Musk makes $43B unsolicited bid to take Twitter private by mrleinad on Thursday April 14, 2022 @12:52PM (#31029592)

Twitter stock price target for financial institutions is 30 dollars. They're shorting it, and giddy about the board rejecting Elon's proposal.

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Re:Elon Musk makes $43B unsolicited bid to take Twitter private by xwdv on Thursday April 14, 2022 @12:50PM (#31029566)

We will never see those prices again. They occurred during overvalued and speculative market conditions and we will not return to that for several years, if ever.

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Re:Elon Musk makes $43B unsolicited bid to take Twitter private by fastball on Friday April 15, 2022 @01:37AM (#31036885)

You don't need an implication of decline when the market has already explicitly indicated it believes Twitter is declining as evidenced by the falling stock price.

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