1.1 About 25 April 2022, after Elon Musk had filed a disclosure with the SEC showing how he would fund his purchase of a

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1.1
About 25 April 2022, after Elon Musk had filed a disclosure with the SEC showing how he would fund his purchase of all Twitter’s shares, Twitter’s board announced its approval of the deal.
How did Twitter’s share price and trading volume react to this news of 25 April 2022? Calculate the percentage change (if any) and explain possible reason(s) for any observed changes.
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1.2
In the entire month of April 2022, what single event had the largest effect (whether positive or negative) on Twitter’s share price and trading volumes? When a lot happened around Twitter during the month of April 2022, critically discuss possible reason(s) why this single event was the most impactful of all.
1.3
Assuming that Elon Musk succeeds in his intentions, does his involvement with Twitter represent a merger or an acquisition? Identify the differences between a merger and an acquisition, highlighting at least three distinctives that apply to the Musk-Twitter case.
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