Posted on 04/14/2022 4:17:59 AM PDT by bryan999
Elon Musk offered to buy Twitter for $54.20 a share, saying the social media company needs to be transformed privately, a little over a week after first revealing a 9.2% stake in the company.
“I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy,” Musk wrote in a letter sent to Twitter Chairman Bret Taylor and disclosed in a securities filing.
According to Musk, the social media company needs to go private because it can “neither thrive nor serve” free speech in its current state.
“As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced,” he wrote. “My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder.”
(Excerpt) Read more at cnbc.com ...
Hope you’re right! Twitter is currently trading at $47/Share! Hopefully enough of the institutional investors jump at Musk’s $54/Share offer to enable him to acquire 51%+ of Twitter stock that he can take immediate control and make Twitter a privately owned company and end Twitters censorship for good!
One thing about Musk that puts him directly at odds with the New World Order demons is he’s totally opposed to their depopulation goals. He says the real problem in the world is women aren’t having enough babies. He’d better be careful out there.
My heart goes out to those therapy animals! :)
I may buy some, I'm not sure if his offer is filed yet.
What % does he need? He surely doesn’t need 100% to take Twitter private. If the majority of shareholders and board of directors vote to make the company private, they can do so.
It’s happened to other publicly traded companies that decided to go private. They just have to compensate the remaining shareholders by buying out their shares at the price the stock was when the company announced they were going private.
What % does he need?
—
Oh just stop! the offer is for 100%. Deal with it.
This could be the cheaper way to get TruthSocial going well.
Thanks.
Coloring books available, also.
How many who MIGHT stay will be triggered further by getting a regular paycheck signed by ELON MUSK????/
Musk can sell his current stake-—at a profit...
Which would be ‘firing a warning shot across the bow’ of many other Leftist groups.
HIS offer is for 100% of the stock...
Is ole Ed’s “free speech” the same as our “free speech”?
Wow...can you imagine the investors on this? Cash out and make a ton of money OR sit there and watch the stock fall as more and more people realize twitter is a leftist tool.
I LOVE high-stakes poker, but — GAAAHH!! — why now?!?!
I wanna play, but it’s Tax Season, and I have no margin at the moment. [exits grumbling off down the hall]
Oh so that’s how u play
Pathetic
Bash regular white people but nope can’t simply say the truth about any sacred cows
You’re the problem with conservatism
Blissfully unaware of your bigotry
A. unusual offer to buy 100% of stock, so shouldn’t be any disgruntled shareholders to file lawsuits.
B. given the size of the premium offer and the fact that twitter ain’t making money, very unlikely a white knight will step in with a better offer ...
Elon Musk: “I hated the company so much that i decided to buy it!”
Musk should take the bidding profit & invest it in TruthSocial + Rumble.
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