Poll: What could Musk's 'Plan B' for Twitter be?
In a filing published Thursday, $Tesla(TSLA.US$ CEO Elon Musk offered to buy $Twitter (Delisted)(TWTR.US$ for $54.20 a share, or about $43 billion.
Hours after the offer, Musk said he is "not sure" he'll actually be able to buy Twitter. And Twitter's price slipped into negative territory for the day -- 20% below Mr. Musk's offer.
Twitter's response
The Twitter board is set to meet at 10am EST to consider Elon Musk's offer to buy the company for $54.20 in all cash.
According to people familiar with the matter, Twitter has enlisted the help of $Goldman Sachs(GS.US$ as it considers how to respond to Musk's hostile bid.
Goldman said $54.20 is too low to be taken seriously. However, they currently has a Sell rating on Twitter with a target price of $30 per share.
Musk's response
Elon Musk said he has a 'Plan B' if Twitter's board rejects his buyout offer, but declined to explain further.
Three possible scenarios
$Bank of America(BAC.US$ laid out three possible scenarios for how Musk's takeover bid.
- Scenario one: The board accepts the offer in its current form.
Analysts said they see this as a "lower-probability scenario" as Twitter's board likely sees more potential in their company based on internal growth targets and historical valuations. After all, Twitter stock traded as high as $73.34 over the past 12 months.
- Scenario two: Involves Twitter's board rejecting the current offer and agreeing to a sweetened price with Musk or another firm.
- Scenario three: The board rejecting the current and any revised offers, forcing Musk to abandon his takeover attempt.
Source: Bloomberg, CNBC, worldface
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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Milk The Cow : Interesting
.
.
a long episode drama... What episode liao?
Plan B... I'm also interested in his Plan B
Like watching
Milk The Cow : Maybe is not "raise" & "give up".
.
.
I got a rough wild guess but I don't want spoil the fun
Well, my guess may be wrong
But I think he will still try to get Twitter
Milk The Cow : The thing is Elon thinks he is paying a high premium price for the current Twitter stock price with 12mth TP 30USD (Goldman Sachs) which = About 80% premium price.
?
? Which is it then? TP or 
?
And now Goldman Sachs say it should worth more than 54.2USD
So
Milk The Cow Milk The Cow: Elon is something like buying into the future
by Goldman Sachs...
Milk The Cow : They are firing bullets
randomly here & there. Of course I'll just stay on the side line 
.
) = collaborate damages = destruction 
.
.
(What the worst can happen? The most I lost some possible profits with super high risk chance.)
I'm not YOLO enough to join the battle.
If u choose the wrong person (winner
I'm investing in a stock company, not investing in a person
Dons hobby : Said very well
xiaomitu : Tesla Phone
Nathaniell : btw stock market closed today on Good Friday
Mnbvc22 : sell his all his shares n forces price down n buy bk again!
Mnbvc22 : He said he never give up easily!
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