Why Elon Musk's $44-billion Twitter deal may be at risk of being repriced lower



“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 deal gets repriced lower.”



Source link

Leave a Reply

Pin System