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

SonOfSun

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DoOver said:
View attachment 154721
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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
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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

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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

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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
 
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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.

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
 
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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

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
 
kev74

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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.

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
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.
 
Dr. Evil

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Dr. Evil

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"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

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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
 
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