Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Major Shareholder Saudi prince Alwaleed bin Talal rejects Elon Musk's Twitter Takeover Bid
Reuters via Yahoo Finance ^ | 04/14/2022 | Omar Fahmy and Saeed Azhar

Posted on 04/14/2022 9:57:58 AM PDT by SeekAndFind

CAIRO, April 14 (Reuters) - Saudi Arabian investor Prince Alwaleed bin Talal said on Thursday that as one of the major shareholders in Twitter he rejected a takeover bid by billionaire entrepreneur Elon Musk.

"I don't believe that the proposed offer by Elon Musk ($54.20 per share) comes close to the intrinsic value of Twitter given its growth prospects," the prince said in a Twitter post.

Musk took aim at Twitter Inc with a $43 billion cash takeover offer on Thursday, with the Tesla CEO saying the social media giant needs to be taken private to grow and become a platform for free speech.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Culture/Society
KEYWORDS: alwaleedbintalal; bloomberg; elonmusk; elonmusktwitter; freespeech; internet; jeffbezos; musk; muslimimperialism; opec; robertreich; saudi; saudiarabia; saudiprince; socialmedia; takeover; twitter
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-73 next last
To: SeekAndFind

41 posted on 04/14/2022 10:43:01 AM PDT by Bobalu (I’m not nuts about Russia. But the lunatics who hate them tend to hate me too)
[ Post Reply | Private Reply | To 1 | View Replies]

To: AnotherUnixGeek

“Last I heard of this guy, he’d been imprisoned by Crown Prince Mohammed bin Salman. Guess he was turned loose and is much more likely to agree with whatever the Crown Prince says.”


More than imprisoned: hung up by the ankles and made to pay about $40,000,000 in fines to the SA govt. (IIRC) to compensate for his crimes agains the new King.

That’s when he started selling things like stock...


42 posted on 04/14/2022 10:43:14 AM PDT by BBB333 (The Power Of Trump Compels You!)
[ Post Reply | Private Reply | To 34 | View Replies]

To: SeekAndFind

I am waiting for what happens when the Reddit apes get interested in Twatter stock.


43 posted on 04/14/2022 10:44:55 AM PDT by Savage Rider
[ Post Reply | Private Reply | To 1 | View Replies]

To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; BraveMan; cardinal4; ...
That's his prerogative. BTW, it's long past time for that particular corrupt prince to be erased.

44 posted on 04/14/2022 10:52:03 AM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
[ Post Reply | Private Reply | View Replies]

To: SeekAndFind

if the price is tanking, then there is alot of selling going on already


45 posted on 04/14/2022 10:53:39 AM PDT by jpp113
[ Post Reply | Private Reply | To 2 | View Replies]

To: Red Badger

And lefties hate the Saudis. This story is revealing all sorts of interesting things.


46 posted on 04/14/2022 10:54:07 AM PDT by Repealthe17thAmendment
[ Post Reply | Private Reply | To 35 | View Replies]

To: SeekAndFind

Latest pivot prediction - Twitter bluechecks will start praising Saudi royalty.


47 posted on 04/14/2022 11:05:26 AM PDT by Demiurge2 (Define your terms!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

If he has 51% of the shares, or 96%of the shares, what could he not do?

Admitting my ignorance…


48 posted on 04/14/2022 11:11:25 AM PDT by marron
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

“Dopey Prince”


49 posted on 04/14/2022 11:17:05 AM PDT by aMorePerfectUnion (Fraud vitiates everything.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

As it stands financially many had said its financials point to a dying company.


50 posted on 04/14/2022 11:28:04 AM PDT by PIF (They came for me and mine ... now its your turn)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Mutual funds own 40%, other Institutions own 38% and individuals only own 12.3% according to CNN business. Vanguard and Morgan Stanley each have about 8%. Blackrock has 4.5%


51 posted on 04/14/2022 11:28:36 AM PDT by Stonewall1
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

52 posted on 04/14/2022 11:30:29 AM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change with out notice.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Gene Eric

Who do you think you are? What gives you the right to insult new members? Do you think this is a private club that only a select few are privy to? Do you fancy yourself a bully? Perhaps you have antisocial personality disorder?

There is only one person here who ultimately controls that and it isn’t you.


53 posted on 04/14/2022 11:32:36 AM PDT by Vaden (CAUTION: Defending Putin=Defending Hitler=MAGA Destruction)
[ Post Reply | Private Reply | To 5 | View Replies]

To: RinaseaofDs

I HOPE that is what happens! TWITter need to die.


54 posted on 04/14/2022 11:43:18 AM PDT by Vaden (CAUTION: Defending Putin=Defending Hitler=MAGA Destruction)
[ Post Reply | Private Reply | To 36 | View Replies]

To: Vaden

Hmmmmm, Twitter calls all hands meeting, Saudi big Twitter stockholder, Saudi’s like to cut off offending hands ........ This could be very interesting.


55 posted on 04/14/2022 11:44:35 AM PDT by hflynn ( )
[ Post Reply | Private Reply | To 53 | View Replies]

To: SeekAndFind

Perhaps Musk could sweeten the pot by throwing in a gold Tesla.


56 posted on 04/14/2022 11:53:16 AM PDT by ryderann
[ Post Reply | Private Reply | To 1 | View Replies]

To: PGR88

I have an account there but almost never use it.


57 posted on 04/14/2022 12:06:58 PM PDT by Jean2
[ Post Reply | Private Reply | To 8 | View Replies]

To: PGR88

I have an account there but almost never use it.


58 posted on 04/14/2022 12:06:59 PM PDT by Jean2
[ Post Reply | Private Reply | To 8 | View Replies]

To: PGR88

I have an account there but almost never use it.


59 posted on 04/14/2022 12:07:00 PM PDT by Jean2
[ Post Reply | Private Reply | To 8 | View Replies]

To: Vaden

Lighten Up, Francis.


60 posted on 04/14/2022 12:12:17 PM PDT by higgmeister ( In the Shadow of The Big Chicken)
[ Post Reply | Private Reply | To 53 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-73 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson