(Reuters) - Many investors, analysts and investment bankers expect Twitter Inc's board of directors to reject Elon Musk's $43 billion acquisition offer in the coming days as inadequate, but how would the social media company then proceed?
Twitter shares dropped on Thursday after Musk unveiled his offer, as the market deemed it too low and too thin on financing details. Twitter's board is currently evaluating the bid and many investors and analysts say that a rejection is likely, barring any changes to the offer from Musk.