Posted on 04/25/2022 7:04:29 AM PDT by Tench_Coxe
Twitter Inc (TWTR.N) is poised to agree a sale to Elon Musk for around $43 billion in cash, the price the chief executive of Tesla Inc (TSLA.O) has called his "best and final" offer for the social media company, people familiar with the matter said.
Twitter may announce the $54.20-per-share deal later on Monday once its board has met to recommend the transaction to Twitter shareholders, the sources said. It is always possible that the deal collapses at the last minute, the sources added.
(Excerpt) Read more at reuters.com ...
Awww, the poor snowflakes at twitter! They’re going to be crying their eyes out because that eeeevvvvil Musk is going to turn twitter into a free speech platform.
Oh, I agree.
And I’m not optimistic, but the Sarbanes–Oxley Act exists to prevent that sort of thing. It’s kind of a big deal for a publicly traded company to say, “Oops, I guess we don’t have those records”.
“..Because I don’t think Twitter is an ordinary company at all. Same with Facebook, Google, or MSM. Dark Money drives the whole shebang....”
They ALL met with Obammy once he usurped the POTUS.
There was even a pic floating around on the net of em all at that meeting. I suspect that was the meeting that laid out “the plan” that we’ve been seeing unfold.
Me too. I believe Operation Mockingbird was a real thing, and probably some form of it still is going on.
I'd argue the same about Amazon to an extent. Too many cozy tie-ins.
The talk on Maria Bartiromos show this morning inferred whatever happens its a win for Musk.....if they turn him down the prediction is the stock falls into the 20s.
I think he’s got ‘em over a barrel.....and it’s delicious 😋
Careful ... they might jump at it, and then you'd be stuck with CNN.
“..My starting bid for CNN is a nickel...”
Are there any more bids?
Going once.... Going twice..... SOLD!!!! to that person in the corner, HighSierra5. Congratulations!!!!
Is the offer predicated on the previous stock price? Or is the offer lower now?
Algo updates should be rolled back to the date prior to the tender offer and further changes embargoed until a trusted supervisor can be installed. Destructive updates must be short-circuited.
I suspect one of Musks intentions is to expose the current algorithms.
You’re right.
What a waste of a good nickel
That offer was then. Here is your new offer...
Deep State will use the SEC to scuttle the sale...
Betcha.
Twitter has about 7500 employees.
Will be interesting to see what changes occur there.
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I’m more thinking he’ll get sabotaged from within like Trump did.
You’re overpaying..
“Deep State will use the SEC to scuttle the sale...
Betcha”.
For sure.
Let’s hope Elon is not a huge disappointment.
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He’s an old fashioned liberal, but still a liberal. Tesla is about climate change, and he’s all in on it. He’s going to disappoint somewhere.
I’ll believe it when I see it.
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