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WebsCrypto—Business—Elon Musk Responds to Goldman Sachs’ Suggestion That Twitter’s Board Refuse to Be Acquired by It: Not Against Me Personally
Business

Elon Musk Responds to Goldman Sachs’ Suggestion That Twitter’s Board Refuse to Be Acquired by It: Not Against Me Personally

By WebsCryptoApril 19, 20221 Min Read
Elon Musk Responds to Goldman Sachs’ Suggestion That Twitter’s Board Refuse to Be Acquired by It: Not Against Me Personally
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Twitter’s board, excluding Jack Dorsey, owns only 0.12% of the shares, but they not only rejected Musk’s bid for 20% above market value, they also threatened to dilute Musk’s stake, according to WSBChairman’s disclosure on social media.

It is reported that Goldman Sachs Bank advised Twitter’s board of directors to reject Musk’s acquisition deal, but Goldman Sachs’ current target price for Twitter stock is only $30, which is 45% lower than Musk’s offer.

To this, Musk responded: To be fair, for the Twitter board, they may be more concerned about other potential bidders than me personally.

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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