Breaking...

[pbmus]

Link to tweet

[highplainsdem]

1. Great news!

[VarryOn]

2. Nice...

If the deal falls through, and you thought the January, 2021 purge was thorough, just wait. I've seen many conservatives return in recent weeks. I think their return will be short-lived. HAHAHAHA! Maybe after round 2, Twitter ideology gets even more pure!

[C Moon]

3. AWESOME NEWS!!!!

GTH musk!
You thought you were being so clever.

[TlalocW]

4. I really hope this falls through

Twitter is a cesspool, and I do add to it, but on a totally immature level, this is going to piss off so many conservative "free speech purists" who was looking at him as some kind of savior. One guy I follow on YouTube out of morbid curiosity has even said that Musk was anointed by God to expose all the... whatever. He also prophesied that Trump would win, be reinstated in two weeks after January 20th, be reinstated before 2021 was up, and is still saying God told him he would be reinstated before next inauguration day. It will be fun to see what excuses he comes up with.

TlalocW

[WarGamer]

5. That's actually not accurate...

Musk can pay the billion dollar penalty for breaking the deal and continue the hostile takeover.

Even paying the Billion... getting TWTR at $44/share he'd save $6B

Occupy should have asked someone that had a clue.

[BlueIdaho]

8. Could Musk's

On again off again public announcements be considered stock price manipulation? Could the SEC be forced to take an interest in this melodrama?

[WarGamer]

9. Doubtful.

If that were the case... could ANY CEO or Billionaire really say anything?

The other day Musk posted a pic of the Austin Giga-Factory.

Was posting the picture stock manipulation?

Nah...

[In It to Win It]

6. Why would they renegotiate? What incentive is there to renegotiate?

[WarGamer]

7. It's called a hostile takeover... a "tender offer" takes it straight to the shareholders.

And several on the board actually support Musk.


https://www.investopedia.com/ask/answers/042215/what-difference-between-hostile-takeover-and-friendly-takeover.asp#:~:text=In%20a%20hostile%20takeover%2C%20the,known%20as%20a%20tender%20offer.

In a hostile takeover, the target company's directors do not side with the acquiring company's directors. In such a case, the acquiring company can offer to pay target company shareholders for their shares in what is known as a tender offer. If enough shares are purchased, the acquiring company can then approve a merger or simply appoint its own directors and officers who run the target company as a subsidiary.

Hostile attempts to take over a company typically take place when a potential acquirer makes a tender offer, or direct offer, to the stockholders of the target company. This process happens over the opposition of the target company’s management, and it usually leads to significant tension between the target company’s management and that of the acquirer.

[In It to Win It]

10. Sure, he could do that but that did not seem like a strategy he was willing to explore

[WarGamer]

11. He will.

Remember... a large chunk of shares are owned by 10-15 institutions or individuals.

He puts together a group of shareholders to assemble 50%++ and it's done.

[In It to Win It]

12. He could pay a premium on the stock price and still get a hell of a discount then

[SergeStorms]

14. Isn't that the way he got control of Tesla?

I seem to remember reading something about that.

Everyone gives him credit for "inventing the electric car" (wrong, wrong, wrong!) but he's only in control of Tesla because he bought an existing company.

If I'm wrong, someone correct me, please!

[Jack the Greater]

15. What he did was make people buy Teslas

Ya gotta give him that... that and he is the only one ( I think) who is shuttling American Astronauts to the International Space Station, besides Russia maybe. Having said that, credit where credit is due, and all that... he's seems to be a total jerk. Your mileage may vary.

[keithbvadu2]

13. The purpose of Twitter?

[Jack the Greater]

16. Love it!

[tanyev]

20. So, so true. That's why it was Trump's favorite means of communication.

[Demovictory9]

17. I thought Musk was smart?

[PortTack]

18. 👏👏👏👏👏👏👏

[Tickle]

19. It's not Elon's first time

doing something like this.

[BComplex]

21. Elon Musk isn't worried about a billion here or there.

He has somewhere in the neighborhood of 200+ billion dollars. He might be trying to negotiate, but he's able to pony up anything Twitter shareholders could dream up.

[Tickle]

22. Imagine not worrying about a

few billion lol 😂

[BComplex]

24. I can't even imagine.

Unfortunately!

[Tickle]

23. Imagine not worrying about a

few billion lol 😂