Elon Musk
Twitter board adopts poison pill after Musk’s $43 billion offer to buy company
Elon Musk’s Twitter profile displayed on a computer screen and Twitter logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on April 9, 2022. Jakub Porzycki | Nurphoto | Getty Images Twitter adopted a limited duration shareholder rights plan, often called a “poison pill,” a day after billionaire […]
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Elon Musk’s Twitter bid faces major skepticism on Wall Street
SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the Axel Springer Award 2020 on December 01, 2020 in Berlin, Germany. Britta Pedersen | Getty Images It’s not often that a company receives a takeover bid that amounts to an 18% stock premium only to see its shares fall on the […]
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Elon Musk says he’s ‘not sure’ he’ll be able to buy Twitter after $43 billion bid, teases a plan B
Brendan Smialowski | Afp | Getty Images Billionaire Tesla CEO Elon Musk acknowledged Thursday he is “not sure” he’ll actually be able to buy Twitter, hours after he revealed a $43 billion offer. Musk comments came at the TED2022 conference in Vancouver just hours after he revealed in a regulatory filing Thursday that he offered […]
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Tesla shares dip after CEO Elon Musk makes bid to buy Twitter
Customers experience new energy electric vehicles at a Tesla store in Shanghai, China, On December 4, 2021. Future Publishing | Future Publishing | Getty Images Tesla shares were down about 3.5% Thursday after company CEO Elon Musk offered to buy social media company Twitter. Musk offered to buy Twitter for $54.20 a share, or about […]
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5 things to know before the stock market opens Thursday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures are little changed on final trading day of the week A trader works on the floor of the New York Stock Exchange (NYSE) in New York, April 4, 2022. Brendan McDermid | Reuters U.S. stock […]
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Cramer: Twitter’s board has ‘no choice’ but to reject Elon Musk’s offer
Twitter’s board has “no choice” but to reject Elon Musk’s offer to buy the company at $54.20 per share, according to CNBC’s Jim Cramer. “They have no choice but to reject it,” Cramer said Thursday on “Squawk on the Street.” “If they say, ‘we accept,’ they’re phony. And they’re not phonies.” “The Twitter Board of […]
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Musk may need to pay more for Twitter than he’s willing to, Gordon Haskett says
The Twitter board “would be accused of being ‘high’ if it decided to sell for $54.20,” the analyst wrote. Source
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Sell Twitter stock on this ‘full blown Elon circus,’ Stifel says
Stifel analyst Mark Kelley downgraded Twitter’s stock to a sell from a hold rating in the wake of Elon Musk’s offer to buy the company. Source
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Twitter can’t afford to reject Elon Musk’s takeover offer if it’s serious, Wall Street analysts say
Elon Musk offered to buy Twitter and take it private, sending shares higher on Thursday morning. Here’s what Wall Street analysts think of the proposed deal. Source
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Twitter’s CEO warned of distractions days before Musk offered to buy the company
Entrepreneur and business magnate Elon Musk gestures during a visit at the Tesla Gigafactory plant under construction, on August 13, 2021 in Gruenheide near Berlin, eastern Germany. Patrick Pleul | AFP | Getty Images Days before Tesla CEO Elon Musk put in a bid Thursday to buy Twitter for $43 billion, Twitter CEO Parag Agrawal […]
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