Wednesday, May 11, 2022

Investors think unlikely Elon Musk buys Twitter at agreed $44 billion price

The implied probability of the deal closing at that price fell below 50% when Twitter shares hit $46.75, based on the $54.20 deal price and Twitter's shares having closed at $39.31 on April 1, the last trading day before Musk revealed he had amassed a stake in the social media company.

from Tech-Economic Times https://ift.tt/SnIHV9X

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