Elon Musk terminates offer to buy Twitter…🤣

[SlugSlinger]

Elon Musk carried a sink into Twitter on Wednesday as deal nears close​

With just a few more days left to complete his acquisition of Twitter and stave off a new court date, billionaire Elon Musk walked into the company’s San Francisco office on Wednesday with what appeared to be a porcelain bathroom sink in his hands.
“Entering Twitter HQ – let that sink in!” the Tesla and SpaceX CEO tweeted with a video of his entrance.

 

[chazroh]

Wonder what the stock will do when he buys it?

 

[SlugSlinger]

Wonder what the stock will do when he buys it?

He said he will fire 75% of the employees. He’s ridding some dead weight and a lot of overhead.

 

[SlugSlinger]

And some video.

 

[Shadowrider]

Wonder what the stock will do when he buys it?

Disappear. He’s taking it private.

 

[Louro]

He should move the company headquarters out of Komifornia.

 

[chazroh]

Disappear. He’s taking it private.

So a stock buyback? Or how does that work?

 

[JD8]

So a stock buyback? Or how does that work?

There's an offer on the table from Musk, for each share of stock. ~$54 a share. This is different than a stock buyback.

https://www.forbes.com/advisor/investing/stock-buyback/

 

[Gypsy]

Either outcome is better than now.

He should move the company headquarters out of Komifornia.

No. If anything leave it there, trim the fat, let the libtards go job hunt there after getting trimmed, be a staple of freedom there, or let it crash and burn in California and take the rights to the tech for his new app to somewhere else, selling the building, building a new somewhere else if necessary and leaving the commie trash behind to enjoy eutopia.

 

[Gypsy]

Probably sell that twitter building for a billion dollars and building somewhere smaller, cleaner, and cheaper. I'm envisioning a lot of work from home jobs.