I see no upside and no chance for Twitter to maintain a 54.20 price point whether or not the deal goes through. It fails, it’s worthless. It succeeds, it normalizes back to present valuations after the deal.
I also read on Yahoo message boards that someone claims all short positions would be automatically forced to buy to cover on the day of the deal, I’ve not heard of this before and a brief Google search is getting me irrelevant results. Can someone enlighten me on this please?
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