Musk’s Twitter offer rejected ...News

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Musk’s Twitter offer rejected
source : Russia Today ( News ) () 16
Saudi prince Al Waleed bin Talal, who owns 5% of the social media giant, wants the Tesla CEO to cough up more money Saudi Prince Al Waleed bin Talal on Thursday rejected an offer by Tesla and SpaceX CEO Elon Musk to buy out Twitter for $41 billion. The Prince, one of Twitter’s largest shareholders, said that Musk’s offer doesn’t come close to the social media platform’s “intrinsic value.” “I don't believe that the proposed offer by Elon Musk  ($54.20) comes close to the intrinsic value of Twitter given its growth prospects,” the prince tweeted, referring to Musk’s offer to buy out the company at $54.20 per share,

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