Musk Highlights 3 Pre-Requisites for the Twitter Takeover
June 22 2022 - 01:42AM
TipRanks
At Bloomberg's Qatar Economic Forum on Tuesday, Tesla (TSLA) CEO
Elon Musk steered questions regarding his much-awaited $44 billion
Twitter (TWTR) takeover. According to the WSJ, Musk was heard
saying that there were “still a few unresolved matters” before the
deal could go through. Meanwhile, TWTR rose nearly 3% to close at
$38.91 yesterday, but is still far from the $54.20 bid price
offered by Musk. The 3 Pre-Requisites Musk’s priority and “a very
significant matter” is the dispute over the actual number of fake
or spam accounts on the platform, which affects the calculation of
the monetizable Daily Active Users (mDAUs).
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