Scott Galloway: Musk’s Twitter Deal with Go Down as the Second Worst Acquisition in History on the Day of Closing

RUSH EXCERPT:

GALLOWAY: “Yeah, I think so. I think he’s entered into a terrible deal. This will go down as the second worst acquisition in history on the day of closing. This is a company that’s worth 10 to 15 bucks a share. He’s pay $54.20. His shouldersareholders are goin force him to close. And again on the first day, the moment this closes, it becomes probably the second worst acquisition in history, just behind the acquisition of time warner by aol. But I do think it closes, jake.”