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Hostile hijack attempt to Twitter. Elon Musk’s move raises the company’s price

Hostile hijack attempt to Twitter.  Elon Musk's move raises the company's price

Right before the opening It pays about $49 per share, which is still a third less than it was 12 months ago. This was announced by the billionaire and innovator of Tesla Presented the “best and last” offer to dominate Twitter. As per his assessment, the company has tremendous potential and he is the one who will unlock that potential.

Ranked first in the list of the richest people Elon Musk will offer $54.20 per share, which translates to Twitter’s market value of approximately $43 billion. Making such an offer would mean a hostile attempt – that is, a lack of consultation with major shareholders and management – to take over the company.

A hostile takeover involves addressing the target company’s shareholders directly or attempting to change management. Typically, these types of acquisitions take place if the buyer believes the acquiring company is undervalued or if minority shareholders demand changes to the company. Companies targeted for a hostile takeover may use certain defensive strategies, but these measures are not always successful.

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