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To: JV3MRC

RE: MUSK WIN

I think he overpaid for what Twitter is worth.


23 posted on 06/21/2022 11:33:01 AM PDT by SeekAndFind
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To: SeekAndFind

You always have to pay a premium over current market price to take a public company private.

Usually, executives take a company private when they think it is drastically undervalued by the market.

As for Musk, it seems he just wants to control the twitterverse he enjoys existing in. Like buying a Rolls Royce for regular rich people.


28 posted on 06/21/2022 1:04:16 PM PDT by Reaganez
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To: SeekAndFind

Even with his bid still there, the market price today is 1/3 off of the price he’s supposed to buy the thing at. Yes, he overpaid by a lot. ROFL


30 posted on 06/21/2022 2:21:49 PM PDT by babble-on
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