Twitter – $TWTR getting hot in here – Secured $46.5B in funding or 18% higher than last offer 4.21.22

Twitter May be really cheap RN
https://www.yahoo.com/now/musk-forms-x-holdings-hints-174731449.html

“Excluding transactions costs, $46.5 billion equates to almost $64 a share, or 18% higher than Musk’s last offer. That’s closer to the $70 a share that Twitter traded at a year ago, and might be more attractive to the company’s board, which adopted a poison pill defense after receiving Musk’s initial unsolicited bid.

The higher price would also be more appealing to Twitter’s investors if he moves ahead with a tender offer, said Bloomberg Intelligence analyst Mandeep Singh.

“You have to go a little higher than your M&A price” Singh said. “That’s what really drives the smaller shareholders to tender their shares.”