Posted on 10/04/2022 10:00:33 AM PDT by JV3MRC
The world’s richest man just shattered the internet again by reportedly agreeing to proceed with his $44 billion acquisition deal for Twitter.
Bloomberg News reported that Tesla CEO Elon Musk is now “proposing to buy Twitter Inc. for the original offer price of $54.20 a share.” The outlet continued: “Musk made the proposal in a letter to Twitter, according to the people who asked not to be identified discussing confidential information.” Twitter shares reportedly “climbed as much as 18% on the news, after trading was briefly halted.”
MRC President Brent Bozell responded to the news on Twitter: “I can see why Elon Musk would turn his back on the lying leftists at Twitter, but for the sake of free speech I hope this deal still happens.”
(Excerpt) Read more at newsbusters.org ...
Wow. The libtards all over Silicon Valley are screaming at the sky right now!
Yep, is causing seismic scale readings in heartland
I thought he would have demanded a lower price, but either way I hope he buys it.
muh! Our Democraseeee!
It must be nice to have this much FU money.
Musk knows that twatter cooked the books with bots and still is going ahead with his original offer.
This man obviously knows more about revenue generation than I can imagine, but I'm puzzled about the earning potential of twatter.
Of course, Musk does have a business plan, and so far, his other plans seem to work.
As soon as he is in charge he will go after all those bots.
That will result in problems and perhaps chaos.
No matter what there is going to be a major shake up.
Musk knows that twatter cooked the books with bots and still is going ahead with his original offer.
~~~
Maybe the lawsuits aren’t shaping up that well for him.
Personally, I would consider the potential, not just the current worth. Owning twitter gets you a lot of influence opportunity horizontally for growth. For someone with diverse business interests, this can be very valuable.
I admire Elon Musk, but this looks like financial insanity.
The free world needs this.
Musk will probably make Twitter the king of social media. Lots
of opportunity.
Great news.
This may be about more than just money.
Business plan…. Make it subscription at $6 per month
My assumption is twitter has value in its employees technical knowledge. Employees that he can redeploy in his other businesses.
Well, Twitter can’t very well turn the offer down again, after they sued him to force him to honor the deal.
“I thought he would have demanded a lower price...”
Since he waited through about six months of Bidenflation, he’s effectively getting a lower price, even if the “sticker price” hasn’t changed.
Ther is no longer a “Free world”.
twitter owned by musk will let trump back on the platform.
the world changes when that happens.
and that is all that it took! the Dow is up $785.
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