Musk offers to buy 100% of Twitter in $41 billion proposal

SonOfSun

SonOfSun

.308 Win
Messages
4,531
Reaction score
5,510
Location
WNY
DoOver said:
View attachment 154721
Click to expand...



Links to this article: Jeff Bezos' Shocking Washington Post Buy Was Not A Business Deal — It Was A Cultural Statement
Opinion Washington Post
-Emily Bell, The Guardian




Links to this article: Elon Musk's attempt to buy Twitter represents a chilling new threat: billionaire trolls taking over social media
1650046205264.png




You do realize how opinion news articles work right? You'll find conflicting opinions on the same news staff and they'll both be published. I've seen articles for and against the new stadium in the Buffalo News - written by staff opinion writers, all employed by he same paper. As it pertains to the tweets - one of them (Emily Bell) isn't even a Business Insider employee, just a general contributor (ie. a reprint, you'll see the same article by the same writer in many papers, similar to AP sourced articles).

I mean, sure it's a cool meme and all, but it doesn't have an inkling of any logical value in it.
 
Defilade

Defilade

.700 Nitro Express
Messages
24,987
Reaction score
36,040
Location
Elsewhere
SonOfSun said:

Links to this article: Jeff Bezos' Shocking Washington Post Buy Was Not A Business Deal — It Was A Cultural Statement
Opinion Washington Post
-Emily Bell, The Guardian




Links to this article: Elon Musk's attempt to buy Twitter represents a chilling new threat: billionaire trolls taking over social media
View attachment 154833




You do realize how opinion news articles work right? You'll find conflicting opinions on the same news staff and they'll both be published. I've seen articles for and against the new stadium in the Buffalo News - written by staff opinion writers, all employed by he same paper. As it pertains to the tweets - one of them (Emily Bell) isn't even a Business Insider employee, just a general contributor (ie. a reprint, you'll see the same article by the same writer in many papers, similar to AP sourced articles).

I mean, sure it's a cool meme and all, but it doesn't have an inkling of any logical value in it.
Click to expand...
It is an opinion like you stated. What were you looking for?
 
pshift

pshift

.338 Win Mag
Messages
7,782
Reaction score
23,229
Location
Fluidic Space
Another scam taking the little people for a ride. Remember the phrase: "O.P.M." That's how they all work, pretending to spend $xxx when in fact they are risking $0 and stand only to gain via carefully positioned options in the stock market.

1650051468867.png
 
L

livingston

20×102mm Vulcan
Messages
46,142
Reaction score
126,819
Location
livingston county

Twitter Responds to Elon Musk Proposal by Creating Poison Pill​

The social media and communication platform Twitter, responded to the bid by billionaire entrepreneur Elon Musk by announcing Friday the Twitter board of directors has unanimously adopted a “poison pill” defense in response to Tesla CEO Elon Musk’s proposal to buy the company and take it private. [LINK to Press Release]

Twitter said the move, formally called a “limited duration shareholder rights plan,” aims to enable its investors to “realize the full value of their investment” by reducing the likelihood that any one person can gain control of the company without either paying shareholders a premium or giving the board more time. Poison pills are often used to defend against hostile takeovers.

According to Twitter’s plan, if Musk or any other person or group acquires at least 15 percent of Twitter’s stock, the poison pill will trigger.

At that point, every other shareholder, aside from Musk, would be allowed to purchase new shares of Twitter at half the going market price, which stood at $45.08 at the closing bell on Thursday.

The flood of half-price shares would effectively dilute Musk’s ownership stake, making it massively more expensive for him to build up a controlling position. Twitter said its board had voted unanimously in favor of the plan, which will remain in effect until April 14, 2023.
Obviously, the people in control of Twitter really do not want to lose control over the platform. Elon Musk’s offer to purchase Twitter at $54.20 per share, represents a value of 38% more than his first shares purchased. The public shareholders would make a sizeable return on their investment. However, the fiduciary responsibility of a board of directors to its shareholders is really not what this is about.

In the big picture, Twitter is a bottomless pit of financial cost. Once you understand the technology behind Twitter, it is easy to understand why the public speech platform is not a viable business model, and it never was.
theconservativetreehouse.com

Twitter Responds to Elon Musk Proposal by Creating Poison Pill - The Last Refuge

The social media and communication platform Twitter, responded to the bid by billionaire entrepreneur Elon Musk by announcing Friday the Twitter board of directors has unanimously adopted a “poison pill” defense in response to Tesla CEO Elon Musk’s proposal to buy the company and take it...
theconservativetreehouse.com theconservativetreehouse.com
 
L

livingston

20×102mm Vulcan
Messages
46,142
Reaction score
126,819
Location
livingston county
From the comments section posted above
Betsy jones
April 15, 2022 3:32 pm


Reply to Betsy jones
And to the point Sundance clearly makes, a tweet from Sean Davis…
“The insane response to @elonmusk’s proposal to buy Twitter at a significant premium proves that he isn’t acquiring a private company, he’s acquiring a global government censorship machine.
Capitalists don’t turn down $10 billion in free money. Only totalitarians would do that.”
How many people will finally understand what is going on? Not enough I’ll bet.

And

Ma McGriz
April 15, 2022 3:16 pm


Found posted among the comments to this story on zerohedge. Posted bu in-the-ether. Good to see.
1 hour ago
Conservative Treehouse had an interesting, if convoluted, article a day or two ago – about some of the behind the scenes things about twitter that could be exposed by it going private. Such as just how deep the inbreeding goes with them and the US government, especially the IC, and just how much it is “subsidized” by them in a round about way.
So yeah, I think there is a lot more at stake for the globalists than just what the sell price is.

4
Reply
theconservativetreehouse.com

Twitter Responds to Elon Musk Proposal by Creating Poison Pill - The Last Refuge

The social media and communication platform Twitter, responded to the bid by billionaire entrepreneur Elon Musk by announcing Friday the Twitter board of directors has unanimously adopted a “poison pill” defense in response to Tesla CEO Elon Musk’s proposal to buy the company and take it...
theconservativetreehouse.com theconservativetreehouse.com
 
kev74

kev74

20×102mm Vulcan
Messages
48,717
Reaction score
153,332
Location
Orange Co.
livingston said:

Twitter Responds to Elon Musk Proposal by Creating Poison Pill​

The social media and communication platform Twitter, responded to the bid by billionaire entrepreneur Elon Musk by announcing Friday the Twitter board of directors has unanimously adopted a “poison pill” defense in response to Tesla CEO Elon Musk’s proposal to buy the company and take it private. [LINK to Press Release]

Twitter said the move, formally called a “limited duration shareholder rights plan,” aims to enable its investors to “realize the full value of their investment” by reducing the likelihood that any one person can gain control of the company without either paying shareholders a premium or giving the board more time. Poison pills are often used to defend against hostile takeovers.

According to Twitter’s plan, if Musk or any other person or group acquires at least 15 percent of Twitter’s stock, the poison pill will trigger.

At that point, every other shareholder, aside from Musk, would be allowed to purchase new shares of Twitter at half the going market price, which stood at $45.08 at the closing bell on Thursday.

The flood of half-price shares would effectively dilute Musk’s ownership stake, making it massively more expensive for him to build up a controlling position. Twitter said its board had voted unanimously in favor of the plan, which will remain in effect until April 14, 2023.
Obviously, the people in control of Twitter really do not want to lose control over the platform. Elon Musk’s offer to purchase Twitter at $54.20 per share, represents a value of 38% more than his first shares purchased. The public shareholders would make a sizeable return on their investment. However, the fiduciary responsibility of a board of directors to its shareholders is really not what this is about.

In the big picture, Twitter is a bottomless pit of financial cost. Once you understand the technology behind Twitter, it is easy to understand why the public speech platform is not a viable business model, and it never was.
theconservativetreehouse.com

Twitter Responds to Elon Musk Proposal by Creating Poison Pill - The Last Refuge

The social media and communication platform Twitter, responded to the bid by billionaire entrepreneur Elon Musk by announcing Friday the Twitter board of directors has unanimously adopted a “poison pill” defense in response to Tesla CEO Elon Musk’s proposal to buy the company and take it...
theconservativetreehouse.com theconservativetreehouse.com
Click to expand...
There are going to be a lot of class action lawyers getting rich at the expense of Twitter and Twitter's BOD.
 
Acer-m14

Acer-m14

20×102mm Vulcan
Messages
35,477
Reaction score
37,794
Location
Livingston
this came up on FB .. interesting if its true ..

278609896_323492359887017_3305306182300319195_n.jpg


278613534_323492383220348_2624053835590133712_n.jpg
 
Dr. Evil

Dr. Evil

20×102mm Vulcan
Messages
36,891
Reaction score
78,795
Location
My Underground Lair
Dr. Evil

Dr. Evil

20×102mm Vulcan
Messages
36,891
Reaction score
78,795
Location
My Underground Lair
"The insane response to Musk's proposal to buy Twitter at a significant premium proves that he isn't acquiring a private company, he's acquiring a global government censorship engine. Capitalists don't turn down $10 billion in free money. Only totalitarians would do that."

"You see, the left likes their socialist platforms how they like their elections. Rigged."
 
DoOver

DoOver

.450/400 Nitro Ex
Messages
11,970
Reaction score
28,954
Location
Catskill Mountains Of New York
Dr. Evil said:
"The insane response to Musk's proposal to buy Twitter at a significant premium proves that he isn't acquiring a private company, he's acquiring a global government censorship engine. Capitalists don't turn down $10 billion in free money. Only totalitarians would do that."

"You see, the left likes their socialist platforms how they like their elections. Rigged."
Click to expand...
Yup, a Buck Sexton quote
 
You must log in or register to reply here.
Top