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re: Elon Musk is dumping 43 Billion Into Twitter in a Hostile Takeover

Posted on 4/14/22 at 11:53 am to
Posted by Raz
Member since Oct 2006
7559 posts
Posted on 4/14/22 at 11:53 am to
quote:

I would love to see this but what's he's doing isn't hostile

Why is this being downvoted? Offering to buy a company out isn’t a hostile takeover.

A hostile takeover is when your offer gets rejected so you buy up enough shares on the market to force the acquisition anyway.
Posted by Houag80
Member since Jul 2019
9566 posts
Posted on 4/14/22 at 12:05 pm to
This is absolutely glorious. Twit board members all tight asses watching their world crumble and Musk could actually give 2 shites about it.
If they reject his offer and he decides to drop his investment the stock will tank.
If they take his offer and due to unknown market forces the stocks value goes to 0....he will have lost 1/3rd of 1% of his net worth.

He will still get up in the morning, grab a cigar, cup of coffee, his phone and go take a dump in the nicest shitter in the world.
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