Posted on 04/14/2022 4:37:33 AM PDT by JV3MRC
The world’s richest is officially launching his bid for a hostile takeover of one of the most censorship-obsessed Big Tech platforms in the country!
Bloomberg News reported that Tesla CEO Elon Musk is “saying the company has extraordinary potential and he will unlock it.” The value of the offer, according to Bloomberg, amounts to a whopping $43 billion. Musk announced the move in a filing with the U.S. Securities and Exchange Commission. Musk tweeted April 14, “I made an offer.”
This follows Musk’s cryptic rejecting of a seat on Twitter’s board of directors after his purchase of a massive 9.2 percent stake in the platform. CNBC reported recently that “[i]f Musk had joined the board, he would not be able to acquire more than 14.9% of the company’s shares.” He apparently wasn’t satisfied with the shareholder cap and is now looking to buy up the outstanding stock to control the entire platform.
(Excerpt) Read more at newsbusters.org ...
Liberal employees heads are exploding.
>>Buying someone out is a *hostile takeover*?????
If the company management is opposed to him buying the company, then by definition it is a hostile takeover.
>>That would cause leftard heads from coast to coast to explode
yes, and even better would have a huge amount of the leftards working their quit in protest - its a win-win.
that would kill truth social since twitter is trump’s favorite and surely twitter did made a lot of money from trump’s daily tweet.
IMHO, this is just a feint on Musk’s part.
Thanks for answering my unasked question. Why wouldn’t he just buy more stock without telling or asking? Kinda lost here, just a dumb truck driver here.
Well that was the rumor for the past few days. I’ll bet the first thing he does is reinstate Trump.
GOT TO LUV IT!!!!!!!!!
Might even consider a Tesla if he pulls this off!!!!!!!!!!
I definitely support Musk on this!
“...This follows Musk’s cryptic rejecting of a seat on Twitter’s board of directors...”
Cryptic? smh
He would have a fiduciary duty to the Twit if he joined the Board with all manner of ramifications, likely precluding the cited action.
Conservatives as whole avoid working for social media companies as they're bastions of lunacy and depravity. The average employee age is low due to poor pay and little career progression outside of the top tier.
Musk can hopefully find enough former Leftists who wish to strike back at the Left.
BLUE HORSE SHOE LOVES TWITTER
Couldn’t happen to a nicer bunch of.....guys.
All this time I thought you were a biologist.
p
BLUE HORSE SHOE LOVES TWITTER
Oh, really?
I'm not a stockbroker, just someone who follows his 403b, but after you buy a certain percentage of stock in a company (5%?), you must disclose that to the Securities and Exchange Commission in a public filing.
Right now the SEC is considering suing Musk because he was a few days late in notifying them that he had purchased 9% of Twitter.
https://www.politico.com/news/2022/04/12/sec-elon-musk-twitter-00024667
Now if Trump could buy the New York Times truth and order would ensue.
Leftists own and control twitter. Musk plans to pay these leftists $43 billion for a controlling interest in twitter. In other words Musk will be $43 billion poorer, and a small group of twitter leftists will be $43 billion richer.
What do we suppose those leftists will do with their new-found wealth? What could possibly go wrong?
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