Posted on 07/08/2022 11:14:09 PM PDT by conservative98
OutKick founder Clay Travis predicted how billionaire Elon Musk's deal to buy Twitter will play out Friday on "Jesse Watters Primetime."
CLAY TRAVIS: What's going to end up happening — I'm looking right now, the stock price is down around $2 in the after-hours trading, which suggests what I think is the most likely outcome here. Which is Elon Musk and Twitter are going to engage in a protracted legal battle before they end up coming to an agreement on — if I were predicting a purchase price — somewhere less than $44 billion. Musk can argue that he's getting some sort of compensation for what he believes are misattributed numbers of users on the Twitter platform.
Twitter can still get a better value than they would if Musk were allowed to completely walk away and their stock was returned to the open market. It likely would fall into the 20s — near around half of what Elon Musk is willing to purchase for. So based on the way the stock market is reacting here in the after-hours to this news, I think there's going to be some sort of negotiated settlement.
WATCH THE FULL INTERVIEW BELOW:
(Excerpt) Read more at foxnews.com ...
It’s certainly reasonable to think that, but those aren’t the legal precedents in Delaware.
Musk may not be a lawyer, but I am sure he’s got the best acquisition lawyers on his payroll.
Never heard of Clay Travis, but there’s nothing of value in his analysis. We have stronger analysts and with more insightful positions on FR.
SEC in Jan 2025....will be a different beast, and under a Trump/DeSantis.
Stock-holders will be furious at the board/CEO. I’ll admit...I hold around 100 shares, and I just see this as a total screw-up in the way this was handled. I’d like to see the true fake-account list and hear why they haven’t done much to resolve this.
“Musk is an engineer not a lawyer.”
Too bad Musk can’t afford a good attorney.
I criticize your lad and you attack me personally
Clay Travis is not a serious rightie
He has a pulpit obviously but Sexton however imperfect
Is much better informed
Most talk radio host are beholden to GOPe access and suck up
But I often hear Travis simply not know things most posters here likely have already read about
It’s a job for him
A hobby for us
Btw bless your heart
He and Buck Sexton replaced Rush
He means well but he’s too rah rah GOPe and often not up to soeee
His career is sportscasting
He lives not too far from me
I’m not trying to beat him up
Better prep and stronger nationalism or what they call us alt would be nice
He’s sorta Hannity with a southern accent
I seriously doubt that Musk entered that contract without legal counsel.
Why on earth would anyone care what some sports guy thinks about a tech business transaction?
Musk’s end game wasn’t to buy twitter. It was to show the fraud twitter is and get the board in jail and shutdown twitter as a liberal propaganda mouthpiece.
I agree. He falls for left wing rhetoric, uses their talking points.
He is also a lawyer who is experienced in Twitter and is in the tech business and is one half of the so-called Rush Limbaugh replacement show. Not just a sports guy.
I believe that's called "damning with faint praise"
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