Another billionaire turned down Ilon Musk’s full purchase of Twitter

One of Saudi Arabia’s largest Twitter shareholders, Prince Al-Waleed bin Talal Al Saud, said today that he is rejecting an offer from Ilon Musk to buy the entire social network. He owns 5.2% of the company.

“I do not believe that the offer made by Ilon Musk ($54.20 per share) is consistent with the intrinsic value of Twitter, given its growth prospects. As one of Twitter’s largest and oldest shareholders, Kingdom Holding Company and I reject this offer,” Prince Al-Waleed bin Talal Al Saud wrote on Twitter.


Earlier it became known that Elon Musk decided to pay more than 40 billion dollars to completely buy Twitter and make it a private company.

Total
0
Shares
Previous Post

Google won’t change the camera in its smartphones again for a few years? Rumors attribute the Pixel 7 and Pixel 7 Pro to the same camera set as the current models

Next Post

An electric car with a real range of well over 1,000 km. Mercedes-Benz Vision EQXX surpasses the declared autonomy figures

Related Posts