Tesla CEO and billionaire Elon Musk is ratcheting up his efforts to buy social media platform Twitter (NYSE: TWTR) to take it private. Earlier this week, he reportedly arranged $46.5 billion in financing to make a tender offer of $54.20 per share after Twitter's board adopted a poison-pill plan designed to discourage a takeover.
Shareholders of Twitter, and the investment community as a whole, are trying to grapple with these events and determine what the best course of action might be. It's a complicated and unpredictable situation, but regardless of the outcome, Twitter could struggle to reward investors, and here's why.
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For further details see:
Should Investors Sell Twitter Before Elon Musk Buys It?