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Elon Musk is dumping 43 Billion Into Twitter in a Hostile Takeover
Posted on 4/14/22 at 5:35 am
Posted on 4/14/22 at 5:35 am
Posted on 4/14/22 at 5:37 am to BoarEd
Do you have a link, or am I just supposed to take your word for it?
Posted on 4/14/22 at 5:38 am to papasmurf1269
It'll come across the wire soon enough.
Posted on 4/14/22 at 5:40 am to papasmurf1269
Posted on 4/14/22 at 5:42 am to BoarEd
quote:
Hostile Takeover
I would love to see this but what's he's doing isn't hostile
Posted on 4/14/22 at 5:44 am to KingBeingking
quote:
I’ll help this thread out
Thanks.
I have a reputation to uphold.
Posted on 4/14/22 at 5:45 am to Wtodd
quote:
I would love to see this but what's he's doing isn't hostile
I would say it is. He declined the board position so he could buy it outright.
Posted on 4/14/22 at 5:46 am to BoarEd
quote:
"If the deal doesn’t work, given that I don’t have confidence in management nor do I believe I can drive the necessary change in the public market, I would need to reconsider my position as a shareholder."
Ooooh. There is the money shot. Dumping all his shares at once will TANK the stock price. Especially when other shareholders jump in to prevent themselves being bagholders.
Posted on 4/14/22 at 5:47 am to BoarEd
quote:
I would say it is. He declined the board position so he could buy it outright.
You kinda missed by sarcastic point...I'd love for EM to go into Twitt HQ with a chainsaw and take over.
Posted on 4/14/22 at 5:48 am to BoarEd
I see he's only offering to buy it.. those other shareholders will never willingly sell their shares. Twitter is a goldmine for setting narratives and pushing them out. No way they give that up.
Posted on 4/14/22 at 5:48 am to BoarEd
Twatter won't accept it. Twatter is needed to spread the liberal lies and suppress any opposition.
Posted on 4/14/22 at 5:54 am to BoarEd
Good- twatter should have never fricked with his bros over at the Babylon Bee. Elon had been pretty vocal about his dislike about twatter's censorship, but it was within a week of twatter removing BB that he made his first move.
And he called BB right before he made his initial purchase.
Just saying. You frick with the Bee, you get the, uh... stinger.
And he called BB right before he made his initial purchase.
Just saying. You frick with the Bee, you get the, uh... stinger.
This post was edited on 4/14/22 at 6:45 am
Posted on 4/14/22 at 5:54 am to BoarEd
I like him messing with Twitter but that's not where I'd put my $43B in cash.
Posted on 4/14/22 at 5:58 am to BoarEd
In
This post was edited on 4/14/22 at 5:58 am
Posted on 4/14/22 at 6:02 am to Plx1776
quote:
I see he's only offering to buy it.. those other shareholders will never willingly sell their shares.
Not how it works. In a cash sale, shareholders are given a premium price for their shares (usually) and then the shares are canceled.
Posted on 4/14/22 at 6:04 am to CleverUserName
If this works, Parler and Trump’s social media platforms are probably dead.
Posted on 4/14/22 at 6:07 am to papasmurf1269
It’s real, on Fox now. Will be interesting to watch them squirm.
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