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It took less than three weeks for Prince Alwaleed bin Talal Al Saud to flip from outraged investor to crucial supporter of Elon Musk’s $44 billion takeover of Twitter.
“Great to connect with you my ‘new’ friend @elonmusk,” Alwaleed tweeted on Thursday, shortly after a Securities and Exchange Commission filing showed he agreed to roll his entire $1.9 billion stake into a privatised Twitter. When Musk announced his $54.20-per-share offer in April, Alwaleed used the social-media platform to reject the offer, saying it didn’t “come close” to Twitter’s intrinsic value.
It’s unclear how Musk swayed the Saudi billionaire — initially the Tesla
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