Musk offers to buy Twitter in cash....

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Glocktogo

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If the price is right, yeah. You don’t have to execute them, but there will be a cost incurred if they expire.
Full confession, I love the idea of profiting off Twatter's misery, but I'm not a ballsy enough investor to do it with more than shits-n-giggles money. :)
 

Adhdferret

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How is it that no one sees what this is? Elon got 9% of Twitter for less than 20 a share...currently it is at 45 a share.

He has zero intentions of buying Twitter as he admitted to lying with the SEC. This right here is how the rich stay that way, he did this with various crypto and will keep doing it.
 

TANSTAAFL

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How is it that no one sees what this is? Elon got 9% of Twitter for less than 20 a share...currently it is at 45 a share.

He has zero intentions of buying Twitter as he admitted to lying with the SEC. This right here is how the rich stay that way, he did this with various crypto and will keep doing it.
Could be right, however with 290 billion dollars another nefarious alternative is that he just messing with people, a lot of people. At least he is not like the koch bro (one's deceased), soros, bloomberg, bezos, zuckerberg or other billionaires.
 

Adhdferret

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Could be right, however with 290 billion dollars another nefarious alternative is that he just messing with people, a lot of people. At least he is not like the koch bro (one's deceased), soros, bloomberg, bezos, zuckerberg or other billionaires.

He is exactly like them, you think he is different? How exactly?

Because he is entertaining? It is all and I mean all is a show. He is a narcissist and a psychopath.
 

TANSTAAFL

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He is exactly like them, you think he is different? How exactly?

Because he is entertaining? It is all and I mean all is a show. He is a narcissist and a psychopath.
As far as different he is not trying to buy power on a local or national level politically, or after pet woke issues like gun control. He did not try to take over election boards like zuckerberg or get DA's into office like soros.
 

SlugSlinger

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The TWTR board is trying their best to stop the takeover.


Twitter's board of directors has unanimously adopted a limited duration shareholder rights plan following Tesla CEO Elon Musk's $54.20 per share offer to take the social media giant private.

Under the plan, which is also referred to as a "poison pill", shareholders' rights will become exercisable if an entity, person or group acquires beneficial ownership of 15% or more of Twitter's outstanding common stock in a transaction not approved by the board. In the event that the rights become exercisable, shareholders will be entitled to purchase additional shares of common stock at a discounted rate.

The board says the plan "is intended to enable all shareholders to realize the full value of their investment in Twitter" and will "reduce the likelihood that any entity, person or group gains control of Twitter through open market accumulation without paying all shareholders an appropriate control premium or without providing the Board sufficient time to make informed judgments and take actions that are in the best interests of shareholders."

The plan, which will expire on April 14, 2023, does not prevent Twitter's board from engaging with parties or accepting an acquisition proposal if they believe it is in the best interest of the company and its shareholders.


Musk's $43 billion bid comes less than two weeks after he disclosed a 9.2% stake in Twitter on April 4. Though Musk was initially invited to join Twitter's board, he later declined the offer. As part of joining the board, Musk would've been unable to own more than 14.9% of Twitter's stock while serving on the board or for 90 days after. Musk's board term would have expired at Twitter’s 2024 annual meeting.

Though Elon Musk has said that the offer is his "best and final" one, he revealed at TED2022 on Thursday that he is prepared with a plan B. When asked for specific details, he declined to elaborate.
 

RETOKSQUID

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Just had an evil thought. The absolute melt down of the snow world. Can you imagine the massive carnage that the left would self inflict if he were to buy Twitter, and then donate it to a pro 2A, right to life, or other conservative organization (better yet, a conservative 501c:selfangel).:w000t::pissed:
 

Raido Free America

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The way ALL the news, and Social Media in this country acts, I for one can't help but believe they are all under the same person, or orgnsations control, even Fox News? There are six, for profit Corporations that OWN ALL THE NEWS WE ARE ALLOWED TO SEE, AND HEAR, AND THREE THAT CONTROL ALL THE SOCIAL MEDIA! A HAND FULL OF PEOPLE OR ORGNISATIONS CONTROL EVERYTHING WE ARE ALLOWED TO SEE, HEAR, AND THINK, IN THIS COUNTRY! ARE YOU OK WITH THAT? IS THAT FREEDOM OF THE PRESS, OR FREEDOM TO CONTROL THE PRESS? I think anyone with the money can buy these stocks, under factious names, ( a common practice), and control these corpirations. If you don't think these talking heads will say what ever the person signing the checks wants, just watch some of the former Fox News people, that now work for left leaning news organizations! If the SECOND MOST POWERFUL ECONOMY ON EARTH, THAT HAS PLANS ON BEING THE MOST POWERFUL ECONOMY AND MILITARY, ON EARTH COULD CONTROL WHAT WE ARE ALLOWED TO SEE, HEAR, AND THINK, DO YOU THINK THAT WOULD HELP THEM ACCOMPLIKSH THEIR GOAL? THINK ABOUT THAT!
 

Raido Free America

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I’ve seen where some employees are threatening to quit. That would be awesome. Let them try to find another job like the cushy job at twitter. I’m betting there is not going to be the kind of funding around like there was when Twitter started. The money for this kind of stuff is drying up cause it’s been spread around so much and there are too many companies competing for the same dollar. That’s why you buy a well established site and not start one from the ground up! Musk is a smart.
 

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