What makes you think twitter shareholders would sell for less? If you made a 1B dollar investment in twitter ten years ago, what return would you look for? If you didn’t get it from the present offer what would you do? Would you lobby 5 other massive shareholders that twitter will be worth more in 6 years and there is no need to sell or would you sit on your hands and hope for the best?
TWTR stock has basically gone no where since the IPO in 2013. Look at the 10 year chart. It's in the same range as it was in late 2013, right after the IPO. (I am a Twitter stock holder.)
What stocks “do” on the stock market is not the subject. The subject is: what ROI do you expect as an investor? Not a short term speculator. But an an investor who allocated a portion of the portfolio to TWTR with a long term time horizon.
