Elon Musk seen by market pros winning Twitter at lower price

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 90%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Most investors and merger specialists expect the transaction to proceed, though at a discount to Elon Musk’s original $US54.20 a share offer.

Elon Musk’s takeover of Twitter has become a big question after a series of mixed messages from the billionaire. But despite the stock’s wild swings, merger experts still expect the deal to go through -- as long as the price comes down.

The shares plunged on Friday when Musk tweeted that the acquisition was “temporarily on hold” as he seeks more information on the number of fake accounts on the platform. If the deal falls through, Twitter is likely to trade at $US30.86 a share, according to the average of estimates from survey respondents. That’s 17 per cent below Monday’s closing price.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 2. in SE

Sverige Senaste nytt, Sverige Rubriker