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Musk’s Twitter bid hands convertible funds arb opportunity

Rome, Italy, Italy. 26th Apr, 2022. In this photo illustration, Elon Musk is seen displayed on a smartphone with a background of the Twitter logo. after Elon Musk's $44 billion acquisition of social media platform Twitter. (Credit Image: © Andrea Ronchini

Elon Musk’s proposed $44bn takeover of Twitter, the US social media platform, will offer beleaguered convertible investors the opportunity to take some money off the table, which can be recycled elsewhere, if the deal goes ahead

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