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Research on the Motivation and Influence of Musk's Acquisition of Twitter
- 1 Finance, Changchun University of Finance and Economics, Changchun 130000, China
* Author to whom correspondence should be addressed.
Abstract
Since the beginning of 2020, the spread of COVID-19 around the world has caused the economy to suffer greatly. Many chain stores and private stores are affected by this. Studies have shown that as the economic environment becomes unstable, companies will gather together to seek the possibility of joint risk protection. This article is based on Elon Musk's announcement of the acquisition plan for Twitter on social media and studies the impact on Musk's management company and Twitter users if the acquisition is successfully implemented. Mainly through literature analysis and case analysis. The subjects of the study are Musk and Twitter, both parties to the merger. The source of data is mainly through public data of listed companies. As far as the research results are concerned, no matter whether the merger can be successfully completed or not, it has already brought a negative impact on the stock prices of both parties.
Keywords
Social Media Platform, Twitter, M&A
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Cite this article
Zhang,J. (2023). Research on the Motivation and Influence of Musk's Acquisition of Twitter. Advances in Economics, Management and Political Sciences,6,43-48.
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Volume title: Proceedings of the 2022 International Conference on Financial Technology and Business Analysis (ICFTBA 2022), Part 2
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