Earnings release Thursday
Must be really bad
Twitter has about 7500 employees.
Will be interesting to see what changes occur there.
That offer was then. Here is your new offer...
TWTR hasn’t changed much since the company went public, so Musk knew he’d have the Board between a rock and a hard place with an offer that would put them in jeopardy of fiduciary breach if they turned it down. Investors would be skeptical if they claimed the company could do better than Musk’s offer based on past performance. They are far more worried about getting entangled in litigation than they are about TWTR.