Elon Musk vs Jamie Dimon The War Of Titans

Elon Musk vs Jamie Dimon
Elon Musk vs Twitter
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The Tesla Inc. CEO Elon Musk offered $54.20 a part in cash for Twitter, luminosity the social media fraternity at $43 billion. Musk, who said it was his “largest and decisive” move, had already mature a wager of more than 9% in Twitter since former this year. Twitter’s pasteboard met Thursday to review Musk’s overture to determine if it was in the best interest of the copartnery and all of its shareholders. In title to Musk’s offer, Twitter has been fielding takeover interest from other participator, including technology-centered secluded impartiality firm Thoma Bravo, Bloomberg describe earlier Friday. Goldman Sachs Group Inc. and JPMorgan Chase & Co. are consider Twitter.

A poison globule defense strategy allows existing shareholders the right to procure additional division at a discount, effectively diluted the proprietary interest of the opposite party. Poison pills are frequent among copartnery under fire from activist investors or in opposite acquisition situations.