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To: yesthatjallen

“Elon Musk has been bumped off the perch as Twitter’s largest shareholder: Asset manager Vanguard Group recently upped its stake in the social-media platform and now owns 82.4 million shares of Twitter, or 10.3% of the company.”

https://twitter.com/WSJ/status/1514674876942069772


3 posted on 04/14/2022 9:47:35 PM PDT by jonrick46 (Leftnicks chase illusions of motherships at the end of the pier.))
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To: jonrick46

Vanguard might face some investor lawsuits for not grabbing that huge profit. Someone will find a route.


17 posted on 04/14/2022 10:43:15 PM PDT by DesertRhino (Dogs are called man's best friend. Moslems hate dogs. Add it up..)
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To: jonrick46

Elon has offered $54.20

If they don’t accept,’ the board has to explain to shareholders’ how it will make them more money.

Elon will sell his shares

The price tanks to $15

Elon makes a new offer at a much lower price.


23 posted on 04/14/2022 11:29:31 PM PDT by caww ( )
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To: jonrick46; yesthatjallen
It's great fun to see Dem trolls like you suffer a massive collective meltdown over Musk and Twitter.
Vanguard Group doesn't have a penny of their own money. Its investors and shareholder money. They cannot afford to play political games with other people's money and make huge losses.

As for KHC:

“Hours later, Musk responded with what seemed to be a jab at Saudi Arabia's free speech and human rights record.

“Interesting. Just two questions, if I may,” Musk replied to the prince. “How much of Twitter does the Kingdom own, directly & indirectly? What are the Kingdom's views on journalistic freedom of speech?”

Saudi Arabia frequently surveils and arrests journalists, according to Reporters Without Borders, which ranks the country as one of the worst in the world for press freedom. And the brutal murder of Washington Post journalist Jamal Khashoggi was personally approved by Saudi Arabia's Crown Prince Muhammad bin Salman, according to US intelligence”

56 posted on 04/15/2022 3:09:22 AM PDT by SmokingJoe
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