According to news on the morning of October 28, Beijing time, it is reported that a person familiar with the matter has revealed that Musk has completed $Twitter (Delisted) (TWTR.US)$The company's $44 billion acquisition. After six months of twists and turns, Musk finally entered the "East Palace".
Musk offered $54.20 a share to buy shares in the company from Twitter shareholders, turning Twitter from a public company into a private company. As soon as Lao Ma took office, he made a bold move, firing a number of former Twitter executives, including the former CEO and CFO.
Share a few questions of interest to shareholding traders.
1. What does privatization and delisting mean to shareholders?
Generally speaking, in the case of company privatization, the controlling shareholder will issue an announcement to buy back all the outstanding shares in the market at a specific price within a specified period of time, so that the listed company will be delisted from the exchange and become a private company.
If the investor accepts a cash offer, the investor will receive cash after the acquisition is completed.Is no longer a shareholder of the acquired company or the acquired company. If you accept a stock exchange offer, you will receive shares or newly issued shares of the acquirer's company after the acquisition, and represent you as a shareholder of the acquired company or a shareholder of the merged new company.
Twitter is in the case of a cash acquisition, which is normally liquidated at 54.2USD per share (M & A price) and receives cash after the acquisition is completed.
2. After Twitter is delisted.