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Twitter Falls as Hindenburg Research Sees Risk of Deal Repricing

Posted by Molly Schuetz on Friday, May 13, 2022, In : Technical Analysis 



Twitter Inc. shares fell as much as 4.1% on Monday after Hindenburg Research LLC, an investment research firm that focuses on activist short-selling, said it sees a “significant risk” that Elon Musk’s proposed offer to buy Twitter for $44 billion gets repriced lower.

The billionaire disclosed an offer on April 14 to buy Twitter for $54.20 a share and take it public. Initially there was some skepticism over where the world’s richest person would come up with the cash equity to fund the ...


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