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Disney cannot afford Twitter at current valuation. It makes no sense, they would more than double their LT debt, and it would provide no significant income. At
by coldcode 10y ago
Disney cannot afford Twitter at current valuation. It makes no sense, they would more than double their LT debt, and it would provide no significant income. At 10% of its current market cap (around 2B) Twitter would be a fair deal. At the current value its a stupid purchase.