one of the largest purchases in history

44,000 million dollarss (41.3 million euros) has paid Elon Musk to buy the social network Twitter. started doing the largest shareholder with a contribution of 2,900 million but days later he decided to go ‘all in’ and get hold of it.

An expected piece of news that never ceases to surprise, since it is supposedly done with the intention of guarantee “freedom of expression on Twitter”although we all know that it is an operation to enlarge the ego and the fortune of the richest man in the world.

It was only missing a social network in its collection of emblematic companies and it already has it, also the most influential, despite being the smallest with respect to number of users.

Has the purchase been expensive? Or has it come out well for the price? It depends. As we said, Twitter has fewer users than the rest of the big networks (Facebook, Instagram, Tik Tok…), and lower margins. In fact, he accepted Musk’s offer at the drop of a hat.

Although, by comparison, there have been purchases of more expensive companies, although yours is already historic. Like everything he does.

The most expensive companies in the world

In fact, the most expensive purchase in history, so far, is far from Musk. In 1999 Vodafone bought the German telecommunications group Mannesmann for 183,000 million dollars. A very large amount considering that we are talking about more than 20 years ago.

A year later, in 2000, the second largest purchase in the world took place, la de America Online (AOL) a Time Warner for about 160,000 million dollars, opening the ban on the dotcom crisis of years later.

In 2013, Vodafone divested its 45% stake in Verizon for $127 billion. follows him Pfizerwhich was spent 88,000 million by its competitor Warner Lambert to be the most expensive pharmaceutical company in history.

In March 2006 AT&T bought BellSouth for $82 billion, slightly more than what it later paid for Time Warner. Finally, we have the 78,000 million left by the Exxon oil company for buying its competitor MobilCorp.

If we look in the field of technological app servicesbuying Musk has been the most expensive. It has exceeded the 26,000 million that Microsoft left for LinkedIn, what Facebook paid for WhatsApp years ago, which was 19,000 million dollars or the 12,500 million that Terra put up for Lycos.

So yes, Musk has succeeded. It has re-entered the world’s business history by breaking into Twitter, where it is hoped that this will not undermine the reputation of the social network hitherto less punctuated by privacy scandals.


Source: El Blog Salmón by www.elblogsalmon.com.

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