Elon Musk Offer to purchase Twitter

I suggest you do a little research on the subject.multiple legal experts say Musk will face billions in lawsuits in addition to the breakup fee if he walks away.

The Twitter board will only be in trouble if they take less than they agreed too.


Seems to be the case.
 
I see there is still value in some puts...even the ones exp on friday the 47 puts are .50....are there any strategies to capture the premium...just outright selling the 47 puts? any straddles ideas....thank you!!
 
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FOX news was stroking itself last night over Musk acquiring twitter claiming musk will liberate it from conservative censorship..... Mmmmkay
 
FOX news was stroking itself last night over Musk acquiring twitter claiming musk will liberate it from conservative censorship..... Mmmmkay

Looks like the deal may be off again...

Funders of Musk’s Proposed Twitter Buyout Have Bailed on Him
https://www.thedailybeast.com/priva...-financing-elon-musk-twitter-deal-report-says

Just a day after Elon Musk announced his intention to complete his purchase of Twitter, a group that intended to provide $1 billion earlier this year to fund his proposed buyout has reportedly stepped away from the deal. The tumultuous buyout has seen several twists and turns since Musk struck a deal with the social media company to purchase it for $44 billion in April. In July, Twitter sued Musk for trying to walk back the deal, and the trial was set to begin later this month. Musk has yet to publicly comment on the latest developments, but given his proclivity to air out his every thought on Twitter, an official statement should arrive soon enough.

Read it at Reuters
 
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