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So its $25.5 billion of debt backed by his Tesla shares and $21 billion from himself, presumably from selling Tesla shares? I wonder how many will accept the o
by helsinkiandrew 5y ago
So its $25.5 billion of debt backed by his Tesla shares and $21 billion from himself, presumably from selling Tesla shares?
I wonder how many will accept the offer - about 30% of ownership have said they're not interested at that price, if he let a few large holders stay on it could be successful - but this would be a kick in the teeth for smaller investors and his retail fans.
- topspin 5y ago> about 30% of ownership have said they're not interested at that price Why would Musk need more than 51% of voting shares for control of the board?
- helsinkiandrew 5y agoHe wouldn't. Are you saying that 30% of shareholders saying they wouldn't vote for the take over implies that 70% are for it?