With Elon Musk's deal to purchase Twitter (NYSE: TWTR) for $54.20 per share having been accepted by the board of directors, investors may be wondering why the stock is trading around $49 per share, a 10% discount. While this discrepancy may seem like free money, the reality of the situation is much more complex.
That 10% discount suggests that there is some doubt that the deal will go through. Some investors are wondering if they can pick up shares for a discounted rate with the hopes of selling them for the total buyout price. There are several factors those investors should be aware of before making a final decision.
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For further details see:
Should You Buy Twitter Stock Before Its Buyout?