WASHINGTON: Even for the richest person on the planet, buying Twitter was always going to be a challenge – a highly complex financial transaction now made even trickier by a defensive “poison pill” move from the platform’s board.
Musk’s US$43bil (RM182.12bil) offer lays out the myriad potential pitfalls: possible government approvals, legal as well as regulatory due diligence, negotiations of a final agreement and, of course, how to pay for it all.
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