Elon Musk offered to buy Twitter (TWTR) for $54.20 per share in a filing made public Thursday, calling it his “best and final offer.”
But the Tesla (TSLA) CEO will have to reconsider that offer if he’s serious about taking over the social media company, according to one analyst.
“No one believes this is the final price. No board in America is going to take that number,” said Jefferies analyst Brent Thill.
Twitter shares jumped 4% on news of the all-cash offer, before falling in the…
Source link
