{"id":81659,"date":"2022-05-27T00:15:43","date_gmt":"2022-05-27T04:15:43","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=81659"},"modified":"2022-05-27T00:03:24","modified_gmt":"2022-05-27T04:03:24","slug":"twitter-shareholders-sue-elon-musk-and-twitter-over-chaotic-deal","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2022\/twitter-shareholders-sue-elon-musk-and-twitter-over-chaotic-deal.html","title":{"rendered":"Twitter shareholders sue Elon Musk and Twitter over chaotic deal"},"content":{"rendered":"\n<p>(CNBC) <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/TWTR\" target=\"_blank\">Twitter<\/a> shareholders are suing Elon Musk, and Twitter itself, over their handling of a chaotic acquisition process that is still underway, and that has contributed to volatile price swings in the company\u2019s stock price. The\u00a0Tesla\u00a0and SpaceX CEO\u00a0revealed a significant stake in Twitter on April 4, and 10 days later proposed a buyout for $44 billion, or $54.20 per share. He has both sold and pledged a chunk of his\u00a0Tesla\u00a0holdings as collateral for loans in order to finance the deal.\u00a0\u00a0<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/05\/26\/twitter-shareholders-sue-elon-musk-and-twitter-over-chaotic-deal.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Twitter shareholders are suing Elon Musk, and Twitter itself, over their handling of a chaotic acquisition process that is still underway, and that has contributed to volatile price swings in the company\u2019s stock price. The\u00a0Tesla\u00a0and SpaceX CEO\u00a0revealed a significant [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-81659","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81659","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=81659"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81659\/revisions"}],"predecessor-version":[{"id":81660,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81659\/revisions\/81660"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=81659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=81659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=81659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}