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Elon Musk's planned $44 billion purchase of Twitter (NYSE:TWTR) may take about six months to close, according to CNBC' David Faber. Twitter may have to pay a termination fee of about 2.5% if the deal had to be ended, Faber said. Musk won't have to pay a reverse termination fee. The deal ...
Twitter (NYSE: TWTR) is scheduled to report first-quarter 2022 financial results after the markets close on Thursday. On Monday, the board of directors accepted Elon Musk's offer to acquire the company for $44 billion and while details of the planned acquisition will no doubt take c...
Twitter's (NYSE:TWTR) saga as a public company is likely to end up in the hands of Elon Musk after the two parties announced on Monday that they had entered into an agreement in which Musk would buy the social network, prompting several Wall Street analysts to say a competing bid is unlikely....
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Tesla ( TSLA ) stock was up as much as 10% on Thursday before cooling to end the day with a 3.3% gain. Shares in the EV maker are still down double digits since CEO Elon Musk began his Twitter (NYSE: TWTR ) t...
The supply and demand perspective for Container shipping remains mixed. However, the market is not adequately discounting the diverging business risks of Lessors and Liners. Container Lessors remain undervalued, regarding their Free Cash Flow potential. I prefer mainly investi...
Stock Market Futures Edge Lower Ahead Of Big Tech Earnings U.S. stock futures are in the red ahead of Tuesday’s opening bell. For the most part, this is the case as there are plenty of major data releases on tap. For starters, some of the biggest names in the tech industr...
It's official! Elon Musk has reached a deal to buy Twitter (NYSE:TWTR) for $54.20 per share, or $44B in cash, pulling off one of the biggest leveraged buyouts in history to take the 16-year-old social network private. The transaction will shift control of the platform to the world's richest p...
Elon Musk is buying Twitter for $54.20 per share. Financing will be provided by a syndicate of banks led by Morgan Stanley. Musk himself will add $21 billion in equity financing and will put up more than 60 million Tesla shares as collateral for a loan. Musk is using some of h...
It's official: Twitter has agreed to a $54.20 per share takeout offer from Elon Musk. Should shareholders be upset by the poor stock performance over the past 9 years? To the contrary: shareholders should thank Elon Musk for this unexpected gift. I discuss whether the 4.8% arb...
"Some of you are very concerned; some of you are very excited," Twitter (NYSE:TWTR) CEO Parag Agrawal has reportedly told employees in an all-hands meeting to talk about the company's now-pending sale to billionaire Elon Musk for $44 billion. The gathering came amid some frayed nerves as nume...
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2023-07-24 06:39:41 ET The little-known X token is riding on Elon Musk’s Twitter, Inc. ( NYSE:TWTR ) rebrand to X.com. It registered a monster 4004% surge in the early hours of Monday morning before pulling back. Although the token had dropped by more than 3000% in the past f...