Elon Musk offers to buy rest of Twitter's shares for more than $40 billion

[Nevilledog]

Link to tweet

https://www.upi.com/Top_News/US/2022/04/14/elon-musk-offer-buy-twitter-private/3981649931030/

April 14 (UPI) -- In a bid to "unlock" Twitter's "extraordinary potential," Elon Musk -- already the platform's largest shareholder -- has offered to buy the social media giant outright and transform it as a private company.

The Tesla founder said in a tweet on Thursday that he's "made an offer" to buy Twitter and linked to a filing with the Securities and Exchange Commission that details his proposal.

Musk, who said this week he'd bought more than 73 million Twitter shares, is offering to buy the remaining shares for $54.20 each -- amounting to $43 billion -- in what he called his "best and final offer. His offer was directed to Twitter Chairman of the Board Bret Taylor, according to the SEC filing.

His offer is a 54% premium over the closing price of Twitter's common stock on Jan. 28, the day before Musk began investing in the company. It's also a 38% premium over the closing stock price on April 1, the trading day before Musk's investment became public.

*snip*

[North Shore Chicago]

1. To think

Musk could be using his money for the world good.

He is a dangerous wannabe potentate.

[oioioi]

4. 1935...

[rampartc]

7. would they call huey long a "socialist" today?

tribably, but no one tried that in 1934 as he opposed fdr from the left.

only 2 us senators have been assassinated, unless you count paul wellstone. who was the other?

[SmallFry]

2. Not a legit offer.

Musk likes Musk. Self promotion.

[leftstreet]

3. Wow. Shareholders have to like the sound of that

Can Twitter shop that around and find a higher bid? Doubtful

[Carlitos Brigante]

5. What a douche. Seriously, is this humanoid so attention starved? nt

[2naSalit]

6. Yes, he is.

He has to have it all and when that isn't enough anymore...


Sadly, he has a lot of competition.

[UTUSN]

9. Who thinks he will allow "free speech" to disagree with him about anything?

So here’s Elon’s version of being "Texas" in black, big-winged hat, sunglasses (did Clint EASTWOOD, John WAYNE ever wear those in movies?), and a black T-shirt needing to be labeled with a “Texas” map. Usually it’s the Brits who wear black T-shirts (Simon COWELL, Ricky GERVAIS - I love GERVAIS btw).

If he buys Twitter and makes his “free speech” changes (translation: Reinstate Drumpf), it will go down the wingnut toilet – full of Drumpf loons, fascists, White Supremacists. Down the toilet because “discussion” or conversion is not possible, so who will stay to “reason”? And who believes that once he’s got his claws on it and taste ultimate dictatorship of it he will really allow “free speech” and NOT expel anybody who disagrees with him?

Why doesn't he just buy Texas? After all the wingnut cabal that has ruled it since taking it from Ann RICHARDS have prepared the way for repression, suppression, criminal hierarchy.

https://media.npr.org/assets/img/2022/04/14/gettyimages-1239960989_custom-cc2d1144d6844fef530ada3710aba2490a7da88f-s800-c85.webp