Apr 04

Elon Musk Snapped Up a 9.2% Stake in Twitter, Spurring Share Price Hike

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Mega-entrepreneur Elon Musk and Twitter had a bit of history before Musk’s purchase of 9.2% of the company’s stock March 14. Musk filed a Schedule 13G form with the Securities and Exchange Commission March 14, declaring his purchase of 73,486,938 Twitter shares. The filing did not disclose the motive behind the transaction. Investors must disclose…

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