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

To: SmokingJoe

Since you acknowledge this as a hostile takeover, I assume you’ve heard of poison pills, yet you refuse to acknowledge same.

The fact that Musk has invested in Twatt does not mean that he and thousands of others have not been sold by false representation.

You may argue about his possible lack of due diligence but that is a red herring as this intense scrutiny is only available in a very big transaction when all details must be revealed.


40 posted on 09/09/2022 3:45:57 PM PDT by A strike (LGBFJRoberts)
[ Post Reply | Private Reply | To 39 | View Replies ]


To: A strike
Since you acknowledge this as a hostile takeover, I assume you've heard of poison pills, yet you refuse to acknowledge same.

What poison pill is that?
Twitter only started talking about poison pills AFTER Musk had made his bid. That's not how it works.
And, it was always a hostile bid from the get go. Musk bought 9% of Twitter without their knowledge before he made his bid.

The fact that Musk has invested in Twatt does not mean that he and thousands of others have not been sold by false representation.

Like I said before, he could have done a more thorough due diligence.

You may argue about his possible lack of due diligence but that is a red herring as this intense scrutiny is only available in a very big transaction when all details must be revealed.

For the most part, most big takeover bids only take place after intense due diligence. There is plenty of data you can gather about a publicly traded company before you make a bid.
You are talking about a $44 Billion deal here from one individual. That's a lot of money.
Bottom line is Musk can takeover Twitter today if he wants to.

41 posted on 09/09/2022 4:08:14 PM PDT by SmokingJoe ( )
[ Post Reply | Private Reply | To 40 | View Replies ]

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