Everybody knows that Twitter (NYSE: TWTR) has accepted a buyout proposal from Tesla (NASDAQ: TSLA) CEO Elon Musk. However, there's some confusion about the deal.
Many headlines and social media posts treat the buyout as a completely done deal, expecting Musk to roll out dramatic changes to the microblogging platform right away. That's not what's going on at all.
Musk's $44 billion Twitter buyout will not be complete until the ink dries on the final John Hancock, and the agreement could fall apart in many ways. Sensible investors have baked that risk into Twitter's share prices, too.
For further details see:
Is Elon Musk's Twitter Buyout a Done Deal?