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WHY THE STOCK OF TWITTER IS RISING?
TWITTER’S STOCK HAS CLIMBED UP ET AGAIN BY4%.
SOURCES LIKE THE NEW YORK TIMES AND WALL STREET JOURNAL HAVE TOLD THAT A MEETING WAS HELD ON APRIL 24TH….
TO DISCUSS MUSK’S OFFER TO ACQUIRE THE COMPANY AND TAKE IT PRIVATE.
MUSK HAS INITIATED THE FOLLOWING AMOUNT TO BUY TWITTER STRAIGHT….
$46.5B
MUSK HAS OFFERED TO BUY TWITTER FOR….
$54.20/ SHARE
THE TWITTER BOARD EARLIER TRIED TO ACQUIRE “POISON PILL”STRATEGY…
WHERE THEY WOULD DILUTE THE PRICE OF SHARE SO THAT MUSK CAN’T ACQUIRE THE MAJORITY OF THE STOCKS.
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