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Why the Prince of Saudi Alwaleed bin Talal rejects the bid of Musk s 43 billion dollar

Saudi Arabian investor Prince Alwaleed bin Talal said on Thursday, April 14, 2022, that as one of the major shareholders in Twitter he rejected a takeover bid by billionaire entrepreneur Elon Musk. "I don't believe that the proposed offer by Elon Musk ($54.20 per share) comes close to the intrinsic value of Twitter given its growth prospects," the prince said in a Twitter post.

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