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https://www.reuters.com/markets/deals/saudis-kingdom-holding-company-maintain-twitter-stake-2022-10-28/ https://www.reuters.com/markets/deals/saudis-kingdom-hol
by NationalPark 4y ago
https://www.reuters.com/markets/deals/saudis-kingdom-holding-company-maintain-twitter-stake-2022-10-28/ https://www.reuters.com/markets/deals/saudis-kingdom-holding...
Here, official Saudi statement that they are maintaining their $2bn stake in the company because it is in the long term interests of the Kingdom. So, maybe just business partners, not finance partners, although that's $2bn of cash that Musk won't have to pay out. Anyway, the substance of the point remains intact - there are many plausible reasons the current owners of twitter could want to continue operating it that are not in the classic corporate raiding plan.
- gunapologist99 4y ago2 / 44 still equals 1/22, even with B's after the numbers.