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Started By
Message
re: Elon Musk is dumping 43 Billion Into Twitter in a Hostile Takeover
Posted on 4/14/22 at 11:01 am to BoarEd
Posted on 4/14/22 at 11:01 am to BoarEd
quote:
It'll come across the wire soon enough.
it came across the wires over 5 hours ago. But I am sure you have special insider knowledge. How long were you in the rabbit hole before you decided to share with us? Tsk Tsk.
1
Posted on 4/14/22 at 11:03 am to Kliner1321
The prog filth were melting just because he posed on twitter; and they were worried Elon could break the censorship of their prog filth bubble.
OMB could post. OHNOES. Yet Biden destroys America and has evil dogs.
OMB could post. OHNOES. Yet Biden destroys America and has evil dogs.
Posted on 4/14/22 at 11:04 am to BoarEd
He's basically saying "this is the best offer you're going to get." I bet he buys the stock on the open market if they balk at his offer.
Posted on 4/14/22 at 11:07 am to BoarEd
Posted on 4/14/22 at 11:11 am to DownHome
The old wisdom was “Don’t fight with someone who buys ink by the barrel.”
The new wisdom will be “Don’t frick with someone rich enough to buy you out completely and not feel the pinch.”
The new wisdom will be “Don’t frick with someone rich enough to buy you out completely and not feel the pinch.”
Posted on 4/14/22 at 11:22 am to teke184
Posted on 4/14/22 at 11:29 am to SportTiger1
Posted on 4/14/22 at 11:32 am to Kliner1321
Posted on 4/14/22 at 11:37 am to imjustafatkid
Posted on 4/14/22 at 11:53 am to Wtodd
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 on 4/14/22 at 12:04 pm to BoarEd
I might rejoin twitter world
Posted on 4/14/22 at 12:05 pm to Raz
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.
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.
Posted on 4/14/22 at 12:44 pm to aubie101
quote:
Well I'll go buy some just so I can sue their butts if they say no.
I actually thought about buying like $500 worth. Plaintiffs lawyers would crawl all over this. As long as they have one named Shareholder, they can sue on behalf of all Shareholders. They’d get a big contingency fee. It’s almost like a class action. There’s a cottage industry of plaintiffs attorneys that challenge failed sales and sales that are approved by the board. In either case, they argue the board didn’t get enough value for the shareholders. It’s really just an extortion deal by plaintiffs attorneys. And it’s pretty gross. But, I’m not mad that Musk is putting the board in this lose/lose situation. I’ll welcome the plaintiffs attorneys circling this deal like vultures.
This post was edited on 4/14/22 at 12:48 pm
Posted on 4/14/22 at 4:45 pm to cajunangelle
quote:
it came across the wires over 5 hours ago
I wrote the OP 5.5 hours before you made this post.
Posted on 4/14/22 at 4:49 pm to BoarEd
The melts today have been great, I guess.
This post was edited on 4/14/22 at 4:50 pm
Posted on 4/14/22 at 5:31 pm to Bunk Moreland
WTF?
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