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Message
re: Elon Musk is dumping 43 Billion Into Twitter in a Hostile Takeover
Posted on 4/14/22 at 6:50 am to Placekicker
Posted on 4/14/22 at 6:50 am to Placekicker
2. They can not sell, but they are hedging their bets that he doesn’t follow through with the not so subtle hint to “reconsider my position as a shareholder
He is also creating a very public spectacle of their moderation practices. If they don't sell, with his recent hints at turning HQ into a homeless shelter because nobody goes to work anyways among other things, he is going to do huge damage to their stock prices with his words alone. Then he dumps their stock.
It's a hostile takeover. Trump gonna be reinstated.
He is also creating a very public spectacle of their moderation practices. If they don't sell, with his recent hints at turning HQ into a homeless shelter because nobody goes to work anyways among other things, he is going to do huge damage to their stock prices with his words alone. Then he dumps their stock.
It's a hostile takeover. Trump gonna be reinstated.
Posted on 4/14/22 at 6:53 am to BoarEd
quote:
"I am not playing the back-and-forth game. I have moved straight to the end. It's a high price and your shareholders will love it," Musk told Twitter, per the filing.
"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."
Translation: I'm going to make the members of the board incredibly rich or I'm going to tank the stock. That's how you play hardball.
Posted on 4/14/22 at 6:54 am to BoarEd
Is this real life??
* 43? I first misread this as 4.3 !!
* 43? I first misread this as 4.3 !!
This post was edited on 4/14/22 at 8:03 am
Posted on 4/14/22 at 6:55 am to frequent flyer
quote:
All the totalitarians are going to abandon Twitter in protest.
If this works and he doesn't dump the health and safety counsel or whatever those fat lesbians are calling themselves, it's all a waste of time.
Posted on 4/14/22 at 6:56 am to Bard
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."
This post was edited on 4/14/22 at 6:57 am
Posted on 4/14/22 at 6:57 am to BoarEd
quote:
I would say it is.
By definition it is not a hostile takeover, which is a takeover AGAINST the wishes of the target company Board.
This might turn into a hostile takeover if the Board refuses the deal and Musk goes straight to the shareholders, which he probably will. But as of now, it is not.
The thing that was not emphasized is Musk's threat to abandon his position if his offer is refused. If he sells his shares Twitter stock will plummet. So Musk is offering a carrot and a stick for a company that has notoriously bad management. Twitter shareholders should be over the moon about this.
I predict Musk gets the deal and Twitter continues to piss off conservatives. I also predict Musk makes another $50 billion off of this.
This post was edited on 4/14/22 at 7:01 am
Posted on 4/14/22 at 7:00 am to Penrod
Oh I’m fricking dancing. Just did my last GBA case on Elon before graduating and here he is doing this. Dude’s my hero. And got me an A on my final paper
Edit: The frick you money this guy has Not even at his peak yet. Tesla and Space-X will have him richer than Mansa Musa by the time he’s 70.
Edit: The frick you money this guy has Not even at his peak yet. Tesla and Space-X will have him richer than Mansa Musa by the time he’s 70.
This post was edited on 4/14/22 at 7:06 am
Posted on 4/14/22 at 7:02 am to _Hurricane_
quote:
Just did my last GBA case on Elon
The guy is a remarkable man. We are lucky to have him. Congratulations on your graduation!
Posted on 4/14/22 at 7:06 am to Penrod
quote:
The guy is a remarkable man. We are lucky to have him.
We don't have Musk. Musk is a hedonist and a capitalist. Conservatives are his biggest opposition to electric cars. Go watch his Bee interview. He spent twenty minutes pandering and forty pushing environmentalism and electric cars.
Posted on 4/14/22 at 7:09 am to BoarEd
quote:
I would say it is. He declined the board position so he could buy it outright.
Twitter became a platform to control information
to control or censor conservative views
People who think the election was stolen
and people against the vax...
it's hostile because Twitter is an evil empire of progressive trash
Posted on 4/14/22 at 7:10 am to dewster
quote:
If this works, Parler and Trump’s social media platforms are probably dead.
Let's be honest though, Trump would rather be on Twitter anyway.
Posted on 4/14/22 at 7:11 am to squid_hunt
quote:
Conservatives are his biggest opposition to electric cars
Technology is the biggest problem for electric vehicles.
We don't have the tech to make it viable and affordable for most people.
Posted on 4/14/22 at 7:11 am to papasmurf1269
Well it’s lead at every news sight so there’s that
Posted on 4/14/22 at 7:12 am to _Hurricane_
quote:
Oh I’m fricking dancing. Just did my last GBA case on Elon before graduating and here he is doing this. Dude’s my hero. And got me an A on my final paper
That's funny, I just wrote about him last week in a leading strategic change class for my masters. I finish the program at the end of this month. I used Musk as an example of a transformative leader. Hopefully he transforms the frick out of Twitter.
Posted on 4/14/22 at 7:29 am to sledgehammer
quote:
I didn’t know that. What’s his affiliation with the Bee?
The quest for truth to be sent to the masses instead of the propaganda being pushed all over the world
This post was edited on 4/14/22 at 7:30 am
Posted on 4/14/22 at 7:36 am to squid_hunt
quote:
Conservatives are his biggest opposition to electric cars
I don’t think conservative are against electric cars per se. If you hate them in general you’re just an idiot. What conservatives hate is the government FORCING people into them through ridiculous green policies like 40 mpg requirements.
Posted on 4/14/22 at 7:37 am to shawnlsu
Musk has skyrocketed to the top of my list of “guys I want to have a beer/left handed cigarette” with
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