Elon Musk, Richest Guy on the Earth Purchase 100% of the Twitter Company

Elon Musk, the richest guy on Earth is almost owning 100% of Twitter. CEO Tesla decides to purchase 100% of Twitter with $41 to 43 billion as fully 100% purchase offer. The offer comes a week later after 9% purchase shares of Twitter making him majority shareholder.

He rarely tweeted his 100 % purchase offer of the Twitter as majority would have thought its nonsense. His move towards purchase of 100% of the Twitter company was clear in his tweet such as can Twitter be Titter?

Directors of Twitter may institute anti-mechanism defense methods to curb Elon Musk 100% purchase offer. For instance use shark repellant method where shareholder will amend articles of association in favor of their interest to discourage 100% offer

 

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finance scholar and a blogger