Re:Twitter plans to comply with Musk’s demands for data
by sudosysgen on Thursday June 09, 2022 @08:12PM
(#31688527)
A 35% premium over market price for a public company isn't necessarily cringe worthy.
Re:Twitter plans to comply with Musk’s demands for data
by BbzzbB on Thursday June 09, 2022 @10:11PM
(#31689211)
I'd call it ordinary. Microsoft offered (IIRC) like a 45% premium for Activision.
Re:Twitter plans to comply with Musk’s demands for data
by TheCoelacanth on Friday June 10, 2022 @09:57AM
(#31694289)
Yes, the price that gets quoted for stocks is just the point that marginal shares are getting traded at. You have to pay slightly higher than that to acquire even a single share. If you actually want to acquire every single share, you always have to pay a significant premium.
It seems like the people who are supporting this move assume Elon has some secret plan we're not privy too, but if so why would his actions be so erratic?