Question
On April 25 th of this year, Elon Musks bid of $54.20 per share to acquire Twitter was accepted by Twitters board. The price of
On April 25th of this year, Elon Musks bid of $54.20 per share to acquire Twitter was accepted by Twitters board. The price of Twitter shares increased following this news, but did not increase to $54.20. Why might this be the case? Does this violate the semi-strong form of the EMH?
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Mathematics Of Finance
Authors: Petr Zima, Robert L. Brown
5th Edition
0070871353, 978-0070871359
