Musk's $44-bln Twitter deal at risk of being repriced lower: Hindenburg - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Short-seller Hindenburg Research warned on Monday that Elon Musk’s $44-billion offer to take Twitter Inc private could get repriced lower if the Silicon Valley billionaire walked away from the deal.

Musk, who has often made outspoken and even inflammatory comments on conference calls and on Twitter, said in comments to analysts on Tesla Inc’s earnings call that it was “fascist” to say people cannot leave their homes.Musk, who has often made outspoken and even inflammatory comments on conference calls and on Twitter, said in comments to analysts on Tesla Inc’s earnings call that it was “fascist” to say people cannot leave their homes.

Twitter declined to comment. Tesla Inc was not immediately available for a comment from its Chief Executive Musk. The short-seller said the deal has seen a number of developments, from financing to board approval, which could have weakened the company’s position.

 

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