pb anon question - i had the same
Wonder if this was like the forced ownership during the TARP in 2008 when JPM 'was told' to take Bear Stearns? They needed someone who had the ability to buy? Wonder if Elon got a discount?
https://www.cnbc.com/2017/11/05/citigroup-twitter-held-by-detained-billionaire-alwaleed-bin-talal.html
As of December 2016, Alwaleed owned 4.9 percent, according to InsiderScore.com. Ben Silverman, director of research at InsiderScore, said that stake would make Alwaleed the fifth biggest overall shareholder in the company at the end of the second quarter of this year.