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Twitter investor slams Elon Musk’s $44bn offer: ‘This is someone who wants to buy himself a toy’

‘We don’t know what’s been discussed behind closed doors,’ said one UK-based Twitter investor of the deal with Elon Musk

Musk announced at the start of April that he had built a 9.2% stake in Twitter
Musk announced at the start of April that he had built a 9.2% stake in Twitter Photo: Al Drago/Getty Images

Twitter shareholders are unconvinced that Elon Musk’s $44bn takeover bid is the best possible deal, with some claiming the price offered by the world’s richest man is “unexciting”.

Twitter accepted Musk’s bid on 25 April. If approved, shareholders will receive $54.20 per share as the US billionaire looks to take the company private.

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