Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Excuse to sell? by doing this and then selling though would dump the stock price.

Why not just simply sell?



Private takeovers usually assume a premium share price. The more credible a buyout offer is, the closer the stock price will rise to the offered price. It's exactly what got Musk in trouble for tweeting about taking Tesla private in 2018.


Because then he'd have created less pandemonium AND looked even worse (especially with the late filling).




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: