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Started By
Message
re: Twitter Board adopts "poison pill" to try to stop Musk; rejects offer
Posted on 4/15/22 at 4:24 pm to cable
Posted on 4/15/22 at 4:24 pm to cable
quote:
How hard can. It be to work for Twitter? Seems like a fricking cakewalk
Can you code? I know not every job is coders, but I would imagine its like any other job, it all depends on what you do.
0
Posted on 4/15/22 at 5:00 pm to udtiger
quote:
If this did not already exist, this is very improper.
As in SEC drops a hammer improper.
Poison pills have been around for decades as a strategy to prevent hostile takeovers. In recent years, Occidental and Netflix both used them to avoid takeovers by Carl Icahn.
(I don’t really give a shite about Twitter, just saying I think your characterization might be a little off.)
Posted on 4/15/22 at 5:16 pm to OweO
quote:
I can be in a thread having a discussion and people like you will come in and
You weren't having a discussion you dingus.
Posted on 4/15/22 at 5:23 pm to SCLibertarian
quote:
I concur with Sundance's theory as to why Musk is doing what he's doing, and why those on the left and in the political establishment are so terrified.
I have no clue how Twitter works technically, but I'll be damned if that doesn't make sense.
Interesting.
Posted on 4/15/22 at 5:28 pm to IAmNERD
The only issue I have is why would the US government need to run all the infrastructure?
Just backdoor for whatever info you need. (which is what they do)
Also, plenty of whistleblowers, around the world, would have already seen this.
No need to adopt the poison pill yada yada yada. Just hold the vote, say Elon lost. It's just like an election.
Just backdoor for whatever info you need. (which is what they do)
Also, plenty of whistleblowers, around the world, would have already seen this.
No need to adopt the poison pill yada yada yada. Just hold the vote, say Elon lost. It's just like an election.
This post was edited on 4/15/22 at 5:39 pm
Posted on 4/15/22 at 5:35 pm to Deactived
quote:
You weren't having a discussion you dingus.
It was a comment to inspire discussion. Its not my fault people are so sensitive about the topic.
Posted on 4/15/22 at 5:44 pm to OweO
quote:
Why does he want to buy it anyway, Trump's new social media platform is going to crush twitter.
Oweo the adults are talking
Posted on 4/15/22 at 5:45 pm to fightin tigers
quote:
When it tanks you should buy the shite out of it
Normally I would say this too, but this is going to be volatile in so many ways.
Posted on 4/15/22 at 5:46 pm to lsuson
quote:
Oweo the adults are talking
Adults huh? You are a bunch of butthurt pussies. But yes.. Adults.
Posted on 4/15/22 at 5:54 pm to OweO
Your honor we rest our case
Posted on 4/15/22 at 6:33 pm to lostinbr
quote:
quote:
If this did not already exist, this is very improper.
As in SEC drops a hammer improper.
Poison pills have been around for decades as a strategy to prevent hostile takeovers. In recent years, Occidental and Netflix both used them to avoid takeovers by Carl Icahn.
(I don’t really give a shite about Twitter, just saying I think your characterization might be a little off.)
Poison pills as an existing corporate resolution prior to a tender offer are fine.
I am pretty sure putting one in place in response to a tender offer is no bueno.
Posted on 4/15/22 at 6:45 pm to udtiger
quote:
Poison pills as an existing corporate resolution prior to a tender offer are fine.
I am pretty sure putting one in place in response to a tender offer is no bueno.
Ah OK, I see what you’re saying now. I don’t really know whether that’s problematic or not, but I would note that the poison pill typically doesn’t apply to any takeover that’s approved by the board or a vote. So I don’t think they can use it to skirt their fiduciary duties - it just makes it harder for Musk to amass a larger hostile stake.
Posted on 4/15/22 at 6:52 pm to OweO
quote:
It was a comment to inspire discussion. Its not my fault people are so sensitive about the topic.
you're banned from making topics specifically because people don't appreciate your attempts to inspire discussion.
Posted on 4/15/22 at 7:01 pm to member12
It appears a lot of people arguing the shareholders are screwed don't understand how a poison pill works. Whether a flip-in or flip-over the key for the non-targeted shareholder (in this case Musk would be the targeted shareholder) is that the shares are sold at a discount. Either option is a way for current shareholders to potentially make lots of money.
Posted on 4/15/22 at 7:04 pm to SCLibertarian
That’s an interesting take. I think the simplest explanation of they just want to control is more likely. Either way, I’m excited to see what else this brings. Even if Elon doesn’t get control, the fact that he’s throwing around his frick-you money to expose shite that doesn’t smell right is fantastic.
Posted on 4/15/22 at 7:06 pm to member12
quote:
Twitter is more than just a social media platform to them. It's power through censorship and framing public discourse.
This has become painfully obvious. There are much bigger issues here than just social media. Dominating the narrative is paramount when controlling free speech and defining your speech as the only speech that is truly free.
They’re a sinister people, that’s for sure.
This post was edited on 4/15/22 at 7:07 pm
Posted on 4/15/22 at 7:08 pm to OweO
quote:
It was a comment to inspire discussion.
Chris, the only thing you’re capable of inspiring is a bout of diarrhea.
Posted on 4/15/22 at 7:12 pm to OweO
quote:
t to inspire discussion.
Posted on 4/15/22 at 7:17 pm to OweO
frick off back to twitter
This post was edited on 4/15/22 at 7:17 pm
Posted on 4/15/22 at 8:27 pm to TigerOnTheMountain
Yall salty as frick. It really is funny how angry yall get.
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