Posted on 04/14/2022 4:17:59 AM PDT by bryan999
To turn AOC's advice upside down, they should go into politics. Coding is not what it once was!
Yes but he only needs 51% to effectively own/have total control of Twitter. With 77% of Twitter stock owned by institutional investors it will be difficult if not impossible for him to acquire 51% let alone 100%.
A year ago price has nothing to do with the value of the company today..
The stock will bottom out if his offer is rejected.
He can start a hostile takeover if he wants. The company is now in play and others out there can buy and make offers also. Watch the movie Wall Street if you need a refresher course.
He doesn’t need to own 51% he just needs 51% of the stock to agree with him that the current management needs to go. But Twitter can release more stock making it difficult for him to get to a 51% agreement. Popcorn time.
You absolutely wrong they will sell if the price is right, he can launch a hostile takeover. Money is money and they will sell for the right price.
“After the disclosure of his Twitter stake, Musk revealed that he also intended to take a seat on the board of the company. However, for reasons that have not been announced, he has decided not to take the seat.”
Well, Duhhh!
He intends to buy the company, not deal with the board of directors. Imagine how the Umpa Lumpa’s who work there feel.
Start censoring left wing political thought. Shut down twitter accounts for prominent democrats for violating “community standards”.
Just to a hostile if they don't agree. Or, get proxy votes from current shareholders.
I can hear the sound of a billion liberals all screaming at once, then silence.
Could this be the first step in a Hostile Takeover?
Yes but he only needs 51% to effectively own/have total control of Twitter.
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Yes, but that is not what is happening - the offer is his ‘final and best offer’ for 100%. If he only had 51%, he could not take the company private as his stated goal.
Funniest comment of the day and right on the mark :)
“if you don’t like it you can build your own platform” I’m trolling
Jack BEGGED Google to buy him out in 2016, which is when he began conservative censorship twice in that election year.
Jack's first mega-wave of knocking conservatives off Twitter was Summer of 2016, when he banned Milo (yes, it was nearly 6 years ago!) for making fun of that sheboon from the Ghostbusterettes, then in rapid fashion used that setup to ban other, more serious conservative voices like Instapundit.
'See, I'm virtue signaling by cracking down on conservatives, just imagine what you can do once you buy it', but at the time Google didn't want the outlet -- having been burned by their awful collapse of Google+ -- and they thought Cankles was going to win in 2016 and regulate conservatives from the top-down, rather than force the social media conglomerates to do so.
Jack made trips to Mountain View with each attempt to sell, got an audience with Google's board each time, and the only reason Google didn't buy is because Jack wanted to sit on that Board, not meet them as a guest; but no one at Google wanted a micro-dosing Starvation Nation hooded Rasputterin on their trillion-dollar board.
The way I read it is take the offer or I sell all my shares.
I don’t pretend to know what that would mean for the Twat face company.
This is fun.I bought twitter stock last week :)
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