Musk's $44-billion Twitter deal at risk of being repriced lower - Hindenburg - Economic Times
5/9/2022 12:00:00 AM3 years 9 months ago
by Reuters
by Reuters
Musk holds all the cards here, Hindenburg, which has a short position on Twitter, said in a report. If Elon Musk's bid for Twitter disappeared tomorrow, Twitter's equity would fall by 50% from current levels. Consequently, we see a significant risk that the…
Short-seller Hindenburg Research warned on Monday that Elon Musk's $44-billion offer to take Twitter Inc private could get repriced lower if the the world's richest person walked away from the deal. … [+1685 chars]
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