Will Elon Succeed In Taking Twitter Private?
Dan Ives, Managing Director, Wedbush Securities
18-Apr-22 07:30
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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
Produced by: Tan Chen Li
Presented by: Shazana Mokhtar, Philip See, Tan Chen Li
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Categories: business analysis, trends and forecasts, markets, investments, social issues, tech
