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Twitter Shares Rally as Reports Say Elon Musk’s Takeover Deal Close
https://www.theepochtimes.com ^ | April 25, 2022 | By Emel Akan and Andrew Moran

Posted on 04/25/2022 7:41:55 AM PDT by Red Badger

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To: Red Badger

You never know - it might get worse after this! One can’t assume that old Squealin’ Elon has our best interests at heart, or cares about “freedom of speech.” It’s easy to lie when you’re hella rich. But we’ll see. (I just put a pic of me on my twatter account to sort of test the water. I’m supposedly “perma banned.”)


21 posted on 04/25/2022 8:14:37 AM PDT by Scarlett156 (Me 3 weeks ago: EVERYONE STOP GOING ON TWATTER. *Elon happens* Me: *goes on twatter twice a day*)
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To: max americana
It would almost be organizational malpractice if he DIDN'T fire him.

You want to change a business culture, you start at the top.

Nothing says "new sheriff in town" quite like executing the old one. A head on a pike is a powerful example for others.

22 posted on 04/25/2022 8:17:05 AM PDT by TontoKowalski (You can call me "Dick.")
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To: max americana
I’ll only join if Elon TOTALLY FIRES the leftard moderators on Twitter, and if I see Trump tweeting again.

Exactly! I closed my account when they banned Trump. Don't miss it except for James Woods. Love his tweets.

23 posted on 04/25/2022 8:18:30 AM PDT by CAluvdubya (<---Need to change my name to CAluvNV since I now live in NV. )
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To: Red Badger
All over major US cities and Universities the reaction this rumored news is coming in.


24 posted on 04/25/2022 8:21:38 AM PDT by pepsi_junkie (Often wrong, but never in doubt!)
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To: Scarlett156

If you watch and listen to musk, he is not a deep state liberal plant. He has been warning about censorship and the danger of out of control AI for years.


25 posted on 04/25/2022 8:51:23 AM PDT by XRdsRev (Justice for Bernell Trammell, Trump supporter, murdered in 2020)
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To: XRdsRev
If you watch and listen to musk, he is not a deep state liberal plant. He has been warning about censorship and the danger of out of control AI for years.

Yep, the ultra rich are still somewhat resistant to cia and government control.

26 posted on 04/25/2022 8:52:21 AM PDT by 1Old Pro
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To: Red Badger

What happened to the poison pill that was supposed to prevent the take over by Musk.


27 posted on 04/25/2022 9:17:57 AM PDT by Parley Baer
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To: Parley Baer

Musk threatened them with lawsuits if they did that and he would win, because they would be abandoning their fiduciary duties to the stockholders....................


28 posted on 04/25/2022 9:23:21 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: wiseprince

“Generally if the media starts pumping something it’s time to short”

i don’t see any “media pumping” here, merely reporting that the stock price jumped 5%, because buyers apparently believe a buyout deal at $54/share has become more likely based on recent publicly documented financing details and anonymously sourced information that a deal may be forthcoming ...


29 posted on 04/25/2022 10:28:17 AM PDT by catnipman (In a post-covid world, ALL "science" is now political science: stolen elections have consequences)
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To: Parley Baer

“What happened to the poison pill that was supposed to prevent the take over by Musk.”

the board can simply nuke it with a vote the same way they established it: easy come,easy go ... no doubt abolishment of the poison pill would just be one more part of the board accepting the deal ...


30 posted on 04/25/2022 10:34:02 AM PDT by catnipman (In a post-covid world, ALL "science" is now political science: stolen elections have consequences)
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To: max americana

“I was just talking to one of the executive producers of a TV show and he told me he owns more shares of Twitter than most of the board combined or “close”. They are just figureheads and all lefties.”

Thanks for posting this reality.

Makes one wonder how many WOKE corporations are like this shell game/Twitter re board members?


31 posted on 04/25/2022 10:50:03 AM PDT by Grampa Dave (Anyone, who can make you believe absurdities, can make you commit atrocities.!" ~ (Voltaire)!!bri)
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To: TontoKowalski

Thanks for posting this reality. Makes one wonder how many levels below the soon to be former board will lose their heads/er jobs in the near future.

“It would almost be organizational malpractice if he DIDN’T fire him.

You want to change a business culture, you start at the top.

Nothing says “new sheriff in town” quite like executing the old one. A head on a pike is a powerful example for others.”


32 posted on 04/25/2022 10:55:46 AM PDT by Grampa Dave (Anyone, who can make you believe absurdities, can make you commit atrocities.!" ~ (Voltaire)!!bri)
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To: Parley Baer
Musk's threat to go around the board and go directly to the shareholders with a tender offer (and in doing so build support among shareholders against the board) might have convinced the board to reconsider his offer.

This is increasingly likely given that, as we are learning, the board isn't active on Twitter and might be insecure about being out of touch with Twitter itself and out of touch with what the shareholders want.

33 posted on 04/25/2022 11:21:29 AM PDT by RoosterRedux
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To: All

Keep in mind that Twitter is mostly owned by large institutions (70%+/-) and his adviser on this matter, Morgan Stanley, can easily get a sense of what such shareholders think of the Musk offer and relate that to the Twitter board.


34 posted on 04/25/2022 11:32:11 AM PDT by RoosterRedux
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To: XRdsRev

He liked 0bama. But I am hopeful. If you go on twatter, you can tell it’s changing. They still haven’t unblocked Trumpy.


35 posted on 04/25/2022 1:45:33 PM PDT by Scarlett156 (Me 3 weeks ago: EVERYONE STOP GOING ON TWATTER. *Elon happens* Me: *goes on twatter twice a day*)
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To: Scarlett156
They still haven’t unblocked Trumpy.

Honestly, if Trump isn't unblocked asap, then there's a problem. Whether he decides to post or not is another thing, but he should be unblocked, today.

36 posted on 04/25/2022 1:47:50 PM PDT by 1Old Pro
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To: Grampa Dave

I take pains to vote my shareholder proxies every year. I read the bios, look at the pictures, and wind up voting for the old white guys only. They usually know how to handle money.


37 posted on 04/25/2022 1:53:33 PM PDT by abb
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To: abb

Sounds like a fairly logical way to vote, better than many other B$’s.


38 posted on 04/25/2022 3:17:31 PM PDT by Grampa Dave (Anyone, who can make you believe absurdities, can make you commit atrocities.!" ~ (Voltaire)!!bri)
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To: ImJustAnotherOkie

Yes - the shareholders could have sued the Board.

I would be they heard from just a few of them and knew the party was over.


39 posted on 04/25/2022 4:58:23 PM PDT by Republican Wildcat
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