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Chit just got real
Elon Musk Launches $43 Billion Hostile Takeover of Twitter
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Chit just got real
Elon Musk Launches $43 Billion Hostile Takeover of Twitter
meh we'll see
[img]https://pbs.twimg.com/media/FQTHiIFXwAE-Vlf?format=jpg&name=medium[/img]
I remember watching the other day a mention that Twitter was likely going to plant a poison pill to stop Elon Musk from buying the company. Hope Twitter's efforts fails. What I saw on this ~
[url]https://www.foxnews.com/opinion/tucker-elon-musk-seems-be-our-last-hope[/url]
Looks like it's a lowball offer and they are not liking the deal otherwise it should have gone to $54.2+
[QUOTE=ParsleyTea;1659618853]I remember watching the other day a mention that Twitter was likely going to plant a poison pill to stop Elon Musk from buying the company. Hope Twitter's efforts fails. What I saw on this ~
[url]https://www.foxnews.com/opinion/tucker-elon-musk-seems-be-our-last-hope[/url][/QUOTE]
Musk is moving too fast for them, they kinda waited to long to prepare.
The shareholders are morons if they don’t take this deal and run, especially considering the upcoming questionable financial environment.
I wonder how many shareholders openly or quietly 100% support Musk coming in and transforming them from a leftist safe space to something that had more free speech.
Don’t really care about Twitter, but one look at the talking heads so vehemently against this (Joy Reid, eunuch Stelter) will tell you how much of a good thing it is.
He will get it. Twitter shares are super diluted, musk him self is the biggest holder with 9%. He only needs 42% more to take control and take it private. What retards wouldn't accept a buy out at such a big premium ?
[QUOTE=greenleaf;1659619173]Looks like it's a lowball offer and they are not liking the deal otherwise it should have gone to $54.2+[/QUOTE]
It’s 38% over the price since he announced his purchase in the original filing.
On this news it’s up over 10% pre-trading
If they don’t take it - he’s indicated he will sell his stake - which may cause shareholders a 40% loss in current value.
He’s got them by the balls - some other group can step in though…
I'm literally shaking right now
Add this REE in here as well
[url]https://twitter.com/IAmericanMama/status/1514566255486939137[/url]
Hilarious reactions from the Lefty forever censors that wish the US were just like China with the internet.
[url]https://twitter.com/elonmusk/status/1514564966564651008[/url]
the comments
[img]https://i.imgur.com/yDqnbdp.png[/img]
Step 1. Buy Twitter
Step 2. Lock all comments and turn the entire site into this:
[spoiler][img]https://c.tenor.com/Vyg73kR334sAAAAC/jurassic-park-ah.gif[/img]
[img]https://eatingthewholecookie.files.wordpress.com/2021/07/voice2.gif[/img][/spoiler]
[QUOTE=greenleaf;1659619173]Looks like it's a lowball offer and they are not liking the deal otherwise it should have gone to $54.2+[/QUOTE]
There's no moat built around Twitter.
Someone with the pull and pockets of Elon Musk could create their own platform, market it, and acquire a large amount of users for for less than $54 billion, and put a serious hurting on Twitter in the process.
They should take the deal.
[QUOTE=Procta;1659621463]Add this REE in here as well
[url]https://twitter.com/IAmericanMama/status/1514566255486939137[/url][/QUOTE]
I could feel my IQ dropping reading some of those comments.
Trump still banned LOL
Looks like the libs running the company would rather thumb their noses at Musk than to make money by honoring his offer.
[QUOTE=Noliberals4;1659624813]Trump still banned LOL[/QUOTE]
so are you LULz
[img]https://i.imgur.com/Xbx7HnY.jpg[/img]
[QUOTE=Procta;1659624913]so are you LULz
[img]https://i.imgur.com/Xbx7HnY.jpg[/img][/QUOTE]
Are you against free speech
[QUOTE=Noliberals4;1659624993]Are you against free speech[/QUOTE]
Putting someone on ignore has nothing to do with "free speech". You already know this though, so I don't know why I'm even bothering.
If Twitter rejects Musk's offer, Paraga has to resign, as will most of the board. They will have acted directly against the financial interests of shareholders, violating their fiduciary duty.
[url]https://twitter.com/derekahunter/status/1514586540558671879[/url]
[QUOTE=Polaris;1659625153]Putting someone on ignore has nothing to do with "free speech". You already know this though, so I don't know why I'm even bothering.[/QUOTE]
Neither does banning Trump from Twitter.
Hostile takeover was a term used in the late 1980's with people like Michael Milliken, Paul Bilzerian, etc. who issued high interest rate junk bonds and used the money to buy the stock. They would do this when the real assets owned by the C-corp were worth more than the market value of the stock. After that, they sold the assets, fired the employees and all the shareholders profited.
The only ones who would characterize Elon's offer as hostile are those leftist saps who work there.
43 bill for a sewer? Tweeter would be retarded not to do this deal.
I hope this works out and he also unbans Trump. Absolutely annihilation of Truth Social if he does that. Do it Elon, add one more failed business to his resume
[QUOTE=Polaris;1659625153]Putting someone on ignore has nothing to do with "free speech". You already know this though, so I don't know why I'm even bothering.[/QUOTE]
lol.
Libs are terrified they may lose the power to ban someone they don't like from twitter.
they are even more terrified of twitters rules being applied to everyone equally.
which, let's face it, is nowhere near the case with twitter.
interested in seeing what happens.
[QUOTE=Tha big kahoona;1659625983]I hope this works out and he also unbans Trump. Absolutely annihilation of Truth Social if he does that. Do it Elon, add one more failed business to his resume[/QUOTE]
not even a u.s. citizen, but trump lives rent free in your mind.
sad.
Twitter is worth $13.316 Billion
Elon offered to buy for $43 billion
If the CEO rejects he's climbing a slippery slope