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This is probably negotiation.

Musk will end up buying twitter.

For a lot less than $44B.


3 posted on 07/09/2022 9:27:34 PM PDT by Reaganez
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To: Reaganez

Yup. My realtor told me that after the melt down of 2008, real estate here in Phoenix was being sold off for a song. Some savvy investors would offer full price, get the seller excited, and then wait for the bank to refuse carry a mortgage for the asking price. The banks determined what the houses could sell for. The buyers in those cases knew what would happen.


4 posted on 07/09/2022 9:36:00 PM PDT by Dr. Sivana (What was 35% of the Rep. Party is now 85%. And it’s too late to turn back—Mac Stipanovich )
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To: Reaganez
That was my first thought.

The unwillingness by management to share information on important components (bots in this case) is tantamount to possible financial malfeasance on the part of management (discouragement of bids that might favor the stockholders).

In other words, this is a public company saying to potential buyers that "you can make public bids for this company but you can't take a look at [important parts of] our operations until you close the purchase." Much akin to Nancy Pelosi saying "you have to pass the bill to see what's in it."

13 posted on 07/10/2022 3:11:30 AM PDT by RoosterRedux
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