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Twitter is a great LBO candidate but Elon Musk tried to buy it as a consumption good rather than an asset investment. Not that surprised that the deal he made i
by spoonjim 4y ago
Twitter is a great LBO candidate but Elon Musk tried to buy it as a consumption good rather than an asset investment. Not that surprised that the deal he made in a fit of pique did not seem so good without the beer goggles and with the market having fallen 30%. I hope courts compel him to execute the transaction but I also know that he probably has a million ways of getting out of it.