Posted on 04/14/2022 3:43:19 PM PDT by shadowlands1960
The firm recently purchased an additional 12 million shares of TWTR
Twitter (NYSE:TWTR) is in full focus today after Tesla (NASDAQ:TSLA) CEO Elon Musk announced an offer to buy the social media platform for $54.20 per share. Oddly enough, shares of TWTR stock closed the day down 1.7%. This is likely because Musk’s offer may not come to fruition. Twitter (TWTR) logo displayed on a smartphone screen with a hand ready to use the app Source: shutterstock.com/khak
Currently, Twitter is reportedly weighing a “poison pill” option that may discourage Musk from acquiring the company. A poison pill provision effectively makes an acquisition less attractive by allowing existing shareholders to purchase shares at less than market value. On top of this news, Saudi Prince Alwaleed bin Talal — a large shareholder of the company — voiced his disapproval of the acquisition.
Prior to all this Twitter drama, however, one investment firm with over $6.67 trillion in assets under management (AUM) reported increasing its existing TWTR position. Let’s jump into the details.
(Excerpt) Read more at investorplace.com ...
Prine Al-a-dickweed is a bad one. He’s 100% Muslim Brotherhood. And an enemy of MBS.
Bad choice of enemies. He’ll probably end up with his head in a basket.
all real previous lib meltdowns too LOL
Ah. So a filthy Saudi is a major shareholder in Twitter. This explains a lot.
Excellent point!
Why would it be funny to backfire on Musk?
What if Elon asked the general public to buy as many shares of Twitter as possible and ask them to vote with him.
Don’t these Vanguard shares technically belong to Vanguard clients....ie trusts, ETFs, etc?
No idea if that has any effect on what they call their ownership.
Opposite.. funny if it backfired on the board, to sell stock cheap only to have those shareholders turn around and sell it to Musk...
Okay, THAT sounds better ;-)
Elon is a person to whom a billion here and a billion there are truly pocket change. The Twitter-Nazis are right to be worried. I can see him acquire it and fire the lot wholesale.
Perhaps but in all sincerity this should bring all of us to tears to know that those idiots are our future leaders.
Good one.
There’s going to be a Blockbuster reaction including but not limited to Liberals.
Who knew a Saudi Prince is responsible for all the “censoring.”
The Indian CEO surely must have an “arrangement” with him.
If he doesn’t, he’s a fool
Drive the price up. Cash out all his chips and let the price fall and pick up the pieces afterwards.
I will be saddened if Elon buys twitter, and some purple haired 20 year old female who has never written a check in her life can no longer tell me what I can or can’t read or say
I’m sure that’s part of it, but that’s billionaires wage war upon each other. They will attack each other’s interests through competition.
Vanguard, probably the winning bid, has put together a bid for Twitter, so Vanguard in its attempt to stop Musk, paid billions of dollars to buy up shares, that it might have had plans for otherwise.
Is this just one Vabguard Fund called Vanguard something or is this the summation of every share Vanguard “owns” in any of the funds it runs?
SpaceX Titter... I saw it first.... He is going to do it and nobody can stop him.
Vanguard is locked at the hip with Blackrock, that corrupt combo tells you all you need to know.
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