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Twitter set to accept Musk's original $43 bln offer
Reuters ^

Posted on 04/25/2022 7:04:29 AM PDT by Tench_Coxe

Twitter Inc (TWTR.N) is poised to agree a sale to Elon Musk for around $43 billion in cash, the price the chief executive of Tesla Inc (TSLA.O) has called his "best and final" offer for the social media company, people familiar with the matter said.

Twitter may announce the $54.20-per-share deal later on Monday once its board has met to recommend the transaction to Twitter shareholders, the sources said. It is always possible that the deal collapses at the last minute, the sources added.

(Excerpt) Read more at reuters.com ...


TOPICS: Miscellaneous; News/Current Events
KEYWORDS: musk; takeover; twitter
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Wonder if the planned tender offer was the straw that broke the back.

Or, there is some other scheme afoot....Wouldn't put it past the Left.

1 posted on 04/25/2022 7:04:29 AM PDT by Tench_Coxe
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To: Tench_Coxe

Earnings release Thursday

Must be really bad


2 posted on 04/25/2022 7:05:25 AM PDT by janetjanet998
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To: Tench_Coxe

Now if only he could do something about the failed CNN 🤪


3 posted on 04/25/2022 7:06:39 AM PDT by NWFree (Somebody has to say it)
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To: Tench_Coxe

I think they want to saddle him with it, and Jackyl has other ideas he wants to pursue, like starvation. All we can hope for are mass firings and relocation to Texas.


4 posted on 04/25/2022 7:08:18 AM PDT by StAnDeliver (Enjoy the parade of Putlim Soviet c!rclejerkers lining up for the Tedlim-style putsch)
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To: NWFree

“Now if only he could do something about the failed CNN 🤪”

Nuke it from orbit; it’s the only way to be sure.


5 posted on 04/25/2022 7:08:54 AM PDT by ought-six (Multiculturalism is national suicide, and political correctness is the cyanide capsule. )
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To: NWFree

He should start a CNN streaming service that you pay for...


6 posted on 04/25/2022 7:12:15 AM PDT by EEGator
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To: All

RUSSIANS!

Michael Tracey
@mtracey
Dark days ahead. There is only one man who should be celebrating Elon Musk’s purchase of Twitter — Vladimir Putin. My latest in the New York Times:
9:00 AM · Apr 25, 2022·Twitter Web App


7 posted on 04/25/2022 7:12:23 AM PDT by TigerClaws (W)
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To: Tench_Coxe
Twitter HQ right now:
8 posted on 04/25/2022 7:12:54 AM PDT by CtBigPat (The time of Crisis is ending. Now comes Normalization.)
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To: Tench_Coxe

If this goes through, I’d say it will only be a matter of time before Biden declares it a monopoly and tries to break it up.


9 posted on 04/25/2022 7:13:28 AM PDT by laplata (")
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To: Tench_Coxe

I hope he does forensic accounting. Who owns the servers? Where did the money come from? How much control has the government had from behind the scenes?

I am certainly interested in the censorship and the slanting of coverage/election meddling/payment in kind/campaign finance malfeasance. But I am also interested in the simple questions about corporate accounting. Because I don’t think Twitter is an ordinary company at all. Same with Facebook, Google, or MSM. Dark Money drives the whole shebang.


10 posted on 04/25/2022 7:13:57 AM PDT by ClearCase_guy (It's hard to "Believe all women" when judges say "I don't know what a woman is".)
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To: janetjanet998

Twitter has about 7500 employees.

Will be interesting to see what changes occur there.


11 posted on 04/25/2022 7:13:59 AM PDT by jcon40 (Machinery is only as good as its design and quality of parts. A citizen is only as good as...)
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To: Tench_Coxe

Seems like this would be a good thing if Musk plans to open up Twitter to the Patriotic Right.


12 posted on 04/25/2022 7:14:10 AM PDT by Jim W N (MAGA by restoring the Gospel of the Grace of Christ (Jude 3) and our Free Constitutional Republic!)
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To: NWFree

My starting bid for CNN is a nickel.


13 posted on 04/25/2022 7:14:47 AM PDT by HighSierra5 (The only way you know a commiraspute is lying is when they open their pieholes.p)
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To: Tench_Coxe

I’m holding off on opinion...


14 posted on 04/25/2022 7:14:48 AM PDT by devane617 (RUN FOR LOCAL ELECTED OFFICE! COUNCIL,SCHOOL BOARD, ETC.)
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To: Tench_Coxe

Let’s hope Elon is not a huge disappointment.


15 posted on 04/25/2022 7:15:47 AM PDT by Midwesterner53
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To: ClearCase_guy

I suspect tons of stuff being tossed in the fireplace as we write.


16 posted on 04/25/2022 7:16:15 AM PDT by devane617 (RUN FOR LOCAL ELECTED OFFICE! COUNCIL,SCHOOL BOARD, ETC.)
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To: laplata

Enforcement of the antitrust laws is almost always one way and to the advantage (financial/political) of dems.. It’s criminal.


17 posted on 04/25/2022 7:17:17 AM PDT by lurked_for_a_decade (Imagination is more important than knowledge! ( e_uid == 0 ) != ( e_uid = 0 ). I Read kernel code.)
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To: Tench_Coxe

Will they just start a new company? Bet that’s the plan...


18 posted on 04/25/2022 7:17:17 AM PDT by Sacajaweau ( )
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To: Tench_Coxe

Does he also get everything Twitter Inc owns ?


19 posted on 04/25/2022 7:18:19 AM PDT by butlerweave
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To: Tench_Coxe

Well well well, I find this surprising.


20 posted on 04/25/2022 7:18:24 AM PDT by Kevmo (Give back Ukes their Nukes https://freerepublic.com/focus/news/4044080/posts)
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