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The literal value is their share price x total shares.

The notional value is at best the NPV of future profit streams. However Twitter's track record on profits are dismal so the claim is dubious legally.




No, that’s only for shares trading at the moment. Otherwise buyouts would not have the premium they normally do.


Share prices go up as you buy a company because you buy from the people that value their shares least first.

You can’t just multiply the current price and expect everyone to be willing to sell for that amount.


What if someone is unwilling to sell? Or at an unreasonable price, say $100M/share?


Then you might not be able to afford to buy the company!




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