Musk offers to buy Twitter in cash....

[RETOKSQUID]

Twitter shares (TWTR) had surged 13% in pre-market trading. But the stock fell slightly in the early afternoon Thursday on fears Twitter would rebuff Musk's offer and he would dump his stake and send the share price reeling.

CFRA Research analyst Angelo Zino agrees, Twitter's stock could take a sizable hit if they turn Musk away.

"Clearly. I think this [Twitter's stock] gravitates back to the low to mid-$30 range [without a Musk deal]," Zino said on Yahoo Finance Live. The analyst downgraded his rating on Twitter Thursday to Hold from Buy.

Twitter stock could crash 20% if board rejects Elon Musk's offer: analyst


I kind of hope they do reject his offer, the stock tanks, and then he makes a new lower offer to the board just to kick them in the nuts! Or just by passes the board and starts buying the crap out of the stock after announcing that he will offer stock holders $10.00 above the current price. (if that is legal by the way. I don't play stock market)

 

[MilitantBEEMER]

As old El Rushbo (RIP) use to say, Twitter is a cesspool full of liberal disinformation and hate. That is exactly why he never joined, and neither did I. I may reconsider if Musk is successful, however I will wait and see what happens if and when.

 

[JEVapa]

His current offer is about $14+ more per share than it's worth. If the board sticks with saying no, the shareholders (some who would make millions on the deal) will lose their minds. If the deal falls through, they will lose millions because the stock will tank. He's got them by the short hairs, and I hope he yanks the sh*t out of them.

 

[SlugSlinger]

Vanguard Just Became the Largest Twitter (TWTR) Stock Holder. Here’s Why.​

The firm recently purchased an additional 12 million shares of TWTR
3h ago · By Eddie Pan, InvestorPlace Assistant News Writer
Twitter (NYSE:TWTR) is in full focus today after Tesla (NASDAQ:TSLA) CEO Elon Musk announced an offer to buy the social media platform for $54.20 per share. Oddly enough, shares of TWTR stock closed the day down 1.7%. This is likely because Musk’s offer may not come to fruition.

Currently, Twitter is reportedly weighing a “poison pill” option that may discourage Musk from acquiring the company. A poison pill provision effectively makes an acquisition less attractive by allowing existing shareholders to purchase shares at less than market value. On top of this news, Saudi Prince Alwaleed bin Talal — a large shareholder of the company — voiced his disapproval of the acquisition.
Prior to all this Twitter drama, however, one investment firm with over $6.67 trillion in assets under management (AUM) reported increasing its existing TWTR position. Let’s jump into the details.

Vanguard Buys TWTR Stock​

According to an amended 13G filing, Vanguard now owns 82.40 million shares of TWTR stock, which equates to a 10.29% stake. That’s roughly 12 million shares more — or 17% — than when the firm last reported its stake in the company back in early February. Vanguard is now the largest shareholder of TWTR stock, beating out Elon Musk.
The “date of event” on the 13G filing was March 31, meaning Vanguard increased its position sometime in March. Securities regulatory provisions state that any institutional investor who owns more than 10% of a company must file a 13G form “within 10 calendar days reporting the holdings as of the close of the month.” Therefore, the date of event signifies Vanguard’s TWTR holdings as of March 31. In February, Vanguard reported an 8.8% stake, so its most recent purchase pushed it above the 10% threshold.
Vanguard has an average holding period of 38.62 quarters (or nearly 10 years) for the stocks in its portfolio. As a result, investors should expect the firm to keep its shares of Twitter for the long term. However, Vanguard made its purchase before the Musk acquisition offer. Because of that, it will be interesting to see if the firm adjusts its position based on recent news.
Why did Vanguard increase its Twitter stake in the first place? Institutional investors are not required to disclose their reasons behind purchases or sales. Nonetheless, Twitter has experienced major changes this year, such as the departure of former CEO Jack Dorsey. With new CEO Parag Agrawal now on board, it’s likely he will enact different business decisions and goals. Vanguard’s recent purchase may be a stamp of approval for the company’s new leadership.

 

[Snattlerake]

Ooooooo, that's gonna piss off Elon.

 

[dennishoddy]

Vanguard Just Became the Largest Twitter (TWTR) Stock Holder. Here’s Why.​

The firm recently purchased an additional 12 million shares of TWTR
3h ago · By Eddie Pan, InvestorPlace Assistant News Writer
Twitter (NYSE:TWTR) is in full focus today after Tesla (NASDAQ:TSLA) CEO Elon Musk announced an offer to buy the social media platform for $54.20 per share. Oddly enough, shares of TWTR stock closed the day down 1.7%. This is likely because Musk’s offer may not come to fruition.

Currently, Twitter is reportedly weighing a “poison pill” option that may discourage Musk from acquiring the company. A poison pill provision effectively makes an acquisition less attractive by allowing existing shareholders to purchase shares at less than market value. On top of this news, Saudi Prince Alwaleed bin Talal — a large shareholder of the company — voiced his disapproval of the acquisition.
Prior to all this Twitter drama, however, one investment firm with over $6.67 trillion in assets under management (AUM) reported increasing its existing TWTR position. Let’s jump into the details.

Vanguard Buys TWTR Stock​

According to an amended 13G filing, Vanguard now owns 82.40 million shares of TWTR stock, which equates to a 10.29% stake. That’s roughly 12 million shares more — or 17% — than when the firm last reported its stake in the company back in early February. Vanguard is now the largest shareholder of TWTR stock, beating out Elon Musk.
The “date of event” on the 13G filing was March 31, meaning Vanguard increased its position sometime in March. Securities regulatory provisions state that any institutional investor who owns more than 10% of a company must file a 13G form “within 10 calendar days reporting the holdings as of the close of the month.” Therefore, the date of event signifies Vanguard’s TWTR holdings as of March 31. In February, Vanguard reported an 8.8% stake, so its most recent purchase pushed it above the 10% threshold.
Vanguard has an average holding period of 38.62 quarters (or nearly 10 years) for the stocks in its portfolio. As a result, investors should expect the firm to keep its shares of Twitter for the long term. However, Vanguard made its purchase before the Musk acquisition offer. Because of that, it will be interesting to see if the firm adjusts its position based on recent news.
Why did Vanguard increase its Twitter stake in the first place? Institutional investors are not required to disclose their reasons behind purchases or sales. Nonetheless, Twitter has experienced major changes this year, such as the departure of former CEO Jack Dorsey. With new CEO Parag Agrawal now on board, it’s likely he will enact different business decisions and goals. Vanguard’s recent purchase may be a stamp of approval for the company’s new leadership.

There ya go. The entire really meaningful objection is the Saudi’s Prince that is one of the principle owners of twatter.
Trump was killing them by making the US energy independent from OPEC. Why wouldn’t they want the cancel culture that eliminated anything related to Trump and republicans/conservatives in general when stating their views.

 

[AKguy1985]

Imagine if he buys it then let's Trump back on! The liberal meltdown will be amazing!!

 

[Shadowrider]

Musk said there was a Plan B. He didn't elaborate. I'm sure he knew about the Vanguard deal and the Saudi dude. I can't wait until he executes it!

https://www.republicworld.com/techn...-rejects-43bn-purchase-offer-articleshow.html

 

[John6185]

I wish congress would grow up and pass a bill that would preclude non-Americans from buying property and things such as Twitter, Budweiser, etc.

 

[SoonerP226]