Twitter Stock Slides On Snap Warning, Giving Elon Musk Another Reason To Walk Away From $44 Billion Takeover

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The Street

By Martin Baccardax “Snap disaster likely pushes Musk one step closer to the door or lower deal price in eyes of Street,” said Wedbush analyst Dan Ives. Twitter (TWTR) – Get Twitter, Inc. Report shares slumped lower Tuesday, providing Tesla (TSLA) – Get Tesla Inc Report CEO Elon Musk with another potential out from his stagnating $44 billion takeover bid as social media stocks tumble in the wake of Snap Inc’s (SNAP) – Get Snap, Inc. Class A Report surprise profit warning. Snap, which makes the Snapchat messaging app, cautioned in a late Monday Securities and Exchange Commission filing that the…

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Building castles in the sky

Published by The Bangkok Post Frasers Property Holdings (Thailand), owned by billionaire Charoen Sirivadhanabhakdi’s youngest son Panote, plans to continue with mixed-use developments after completion

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