Musk Exploring Tender Offer for Twitter

Elon Musk proposed to acquire Twitter at $54.20 per share, valuing the company at $43 billion. He secured $46.5 billion in debt financing from major banks. The board's fiduciary duty to consider the offer is debated, given Twitter's past stock value. Other potential bidders and the white knight theory are discussed, with financial backing from firms like Morgan Stanley and Apollo.

What was the proposed price per share in Elon Musk's offer to acquire Twitter?

• $50.00

• $54.20

• $60.00

• $70.00

Which banks are backing Elon Musk's proposal with debt?

• Credit Suisse, UBS, and BNP Paribas

• Deutsche Bank, HSBC, and Wells Fargo

• Morgan Stanley, Bank of America, and Barclays

• Goldman Sachs, JPMorgan, and Citibank

What is the board's fiduciary duty in response to Musk's offer?

• To reject the offer as it is below past valuations

• To consider the offer as it is a premium over current stock price

• To negotiate a higher price with Musk

• To accept the offer immediately

What is the 'white knight theory' in the context of Twitter's acquisition?

• A strategy to increase Twitter's stock price

• A potential third party coming to save Twitter from Musk's acquisition

• A method to reduce Twitter's operational costs

• A plan to merge Twitter with another tech company

Which of the following companies is mentioned as a potential backer for a bid on Twitter?

• Amazon

• Toma Bravo

• Google

• Microsoft