Years ago, a local refinery was up for sale. One buyer offered a price, and the owners jumped on the offer, but one stipulation was demanded before the final deal: The buyer wanted a tour of the facility.
The tour was set, the buyer's specialists looked the refinery over, and found on large refining unit included as part of the facility had been mothballed for years. For those that are unfamiliar with petrochemical processing, restarting a unit isn't just the matter of flipping a switch. Many times the long period of not being used leads to expenses that can't justify making the effort, which was the situation. The unit was eventually demolished to allow space for a new one.
The offer was lowered accordingly, and the refinery was sold. After working in the facility, my opinion was it must have been a good deal, because much of the facility was old, needing some repairs, and would be exposed to newer regulations that demanded upgrades.
The new owner eventually sold the refinery, and it was sold again since then. The current owner appears to be in it for the long haul, since many upgrades were completed, and new units constructed. The long term employees are probably still not happy, since the original sale affected their pensions in a negative way.
What inspired this post is the current haggling between Musk, and Twitter. Musk wants Twitter to prove less than 5% of their accounts are fake, and the deal is hinging on this demand, if not others. The original offer was $44 a share, but considering how things are going, that was the hook, and Twitter swallowed the bait. Twitter is not currently valued at $44 a share, and trading around the $37 mark. With the lack of a firm deal, those that wanted to make some big bucks might sell, and Musk will have leverage to lower his offer.
Time will tell how this works out, but Musk is in the driver's seat. Unless someone else comes along to buy Twitter, he has the leverage, looking at the operation will give him knowledge of the cards, and Twitter can only go all in.