BFM Podcast
Will Elon Succeed In Taking Twitter Private?
18-Apr-22 07:30
Dan Ives, Managing Director, Wedbush Securities
Elon Musk made an official offer of $54.20 per share to take Twitter private, valuing the company at $43 billion. However, the board of Twitter adopted a poison pill provision to ward off his offer. Musk's extreme wealth is undeniable, but does he have the funding required to complete the transaction? And what other obstacles will he face in order to succeed? Dan Ives of Wedbush Securities shares his views with us. Image credit: Unsplash.com
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Tobby
Nay! Elon is just looking for some publicity! The enlightens will never allow him to take their social media! Basically hedge funds like Blackrock or Vangard will buy more of Twitter to prevent Elon from taking majority stake! Elon cannot fight the enlightens!
2022-04-18 12:28