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A comment on Musk announces funding secured for Twitter buy. Parent comment
By generally accepted rules of engagement the totality of investors think that Twitter is worth 30% less than what Musk is offering.
That's the difference between Twitter's market cap and Musk's very tender offer.
There's no better way of asking investors how much they value a stock than by allowing them to bid in an open market.
By generally accepted rules of engagement the totality of investors think that Twitter is worth 30% less than what Musk is offering.
That's the difference between Twitter's market cap and Musk's very tender offer.
There's no better way of asking investors how much they value a stock than by allowing them to bid in an open market.