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The more likely scenario is that some of the financial backers like Larry Ellison will ask Elon to renegotiate the buyout price due to current market conditions
by gitfan86 4y ago
The more likely scenario is that some of the financial backers like Larry Ellison will ask Elon to renegotiate the buyout price due to current market conditions and the deal will fall through.
- adventured 4y agoTwitter is worth a lot less than what it's trading for. Musk's bid is rather idiotically high. Twitter's shareholders will be desperate if they start to see the full mauling that other prominent, hyper overvalued tech stocks have enjoyed lately. They will take a lower offer accordingly, whether that's from Musk or other. The stock is going into the $20s if they don't take an acquisition offer from someone.
- swalsh 4y agoTwitters P/E ratio is 186.12!
- nullc 4y agoThe incoming cashflow is substantial and if they simply cut off the R&D it would be a very profitable company.
- amusedcyclist 4y agoGenerally most of software development (including what you would think of as maintenance) is counted as R&D for tax purposes
- zimpenfish 4y ago> Musk's bid is rather idiotically high Well, it was either $54.20 or $69.00 (I suppose he could have gone for $44.20 but would that have tempted anyone?)
- djbusby 4y agoA real meme-lord would bid $42.069