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Online Kamaji

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Elon Musk Deal to Buy Twitter Is Done, Musk Appears to Confirm
« on: April 25, 2022, 05:14:10 pm »
Elon Musk Deal to Buy Twitter Is Done, Musk Appears to Confirm

By Bonchie | Apr 25, 2022 1:00 PM ET

Per my earlier reporting, multiple news outlets, including Bloomberg, Reuters, and The Wall Street Journal, all announced that Twitter and Musk were nearing an imminent deal on Monday morning, with a possible announcement happening as early as Monday afternoon. That came as a surprise after many assumed that the deal was on life-support following the Twitter board’s execution of a poison pill to keep Musk from gaining a majority stake.

Source:  https://redstate.com/bonchie/2022/04/25/elon-musk-deal-to-buy-twitter-is-done-musk-appears-to-confirm-n555719
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Online Kamaji

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Re: Elon Musk Deal to Buy Twitter Is Done, Musk Appears to Confirm
« Reply #1 on: April 25, 2022, 05:14:56 pm »
Musk's latest tweet, and the basis for the author's conclusion:


https://twitter.com/elonmusk/status/1518623997054918657
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Offline Ghost Bear

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Re: Elon Musk Deal to Buy Twitter Is Done, Musk Appears to Confirm
« Reply #2 on: April 25, 2022, 05:29:38 pm »
Twitter set to accept Musk's $43 billion offer

NEW YORK, April 25 (Reuters) - Twitter Inc (TWTR.N) is poised to agree a sale to Elon Musk for around $43 billion in cash, the price the CEO of Tesla has called his "best and final" offer for the social media company, people familiar with the matter said.

Excerpted, read more here: https://www.reuters.com/technology/exclusive-twitter-set-accept-musks-best-final-offer-sources-2022-04-25/
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Online Kamaji

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Re: Elon Musk Deal to Buy Twitter Is Done, Musk Appears to Confirm
« Reply #3 on: April 25, 2022, 05:30:53 pm »
One wonders if the agreement to the buyout deal comes with limitations on Musk's ability to clean out the existing board of directors and appoint new directors.
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Online Hoodat

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Re: Elon Musk Deal to Buy Twitter Is Done, Musk Appears to Confirm
« Reply #4 on: April 25, 2022, 05:36:09 pm »
Quote from: Ghost Bear on April 25, 2022, 05:29:38 pm
Twitter set to accept Musk's $43 billion offer

NEW YORK, April 25 (Reuters) - Twitter Inc (TWTR.N) is poised to agree a sale to Elon Musk for around $43 billion in cash, the price the CEO of Tesla has called his "best and final" offer for the social media company, people familiar with the matter said.

Excerpted, read more here: https://www.reuters.com/technology/exclusive-twitter-set-accept-musks-best-final-offer-sources-2022-04-25/

Donald Trump's Twitter account reactivated in  . . . five . . . four . . . three . . . two . . .
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Re: Elon Musk Deal to Buy Twitter Is Done, Musk Appears to Confirm
« Reply #5 on: April 25, 2022, 05:45:10 pm »
Quote from: Hoodat on April 25, 2022, 05:36:09 pm
Donald Trump's Twitter account reactivated in  . . . five . . . four . . . three . . . two . . .

Maybe, but Trump is not likely to post on it as long as he's trying to make a go of his iPhone-only social media project.  It's looking a lot like a money pit, and it's stupid to not have an Android app yet.
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Online Hoodat

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Re: Elon Musk Deal to Buy Twitter Is Done, Musk Appears to Confirm
« Reply #6 on: April 25, 2022, 05:46:07 pm »
Quote from: Cyber Liberty on April 25, 2022, 05:45:10 pm
Maybe, but Trump is not likely to post on it as long as he's trying to make a go of his iPhone-only social media project.  It's looking a lot like a money pit, and it's stupid to not have an Android app yet.

Apple has been dead to me for a long time.
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If a political party does not have its foundation in the determination to advance a cause that is right and that is moral, then it is not a political party; it is merely a conspiracy to seize power.

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Offline mystery-ak

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Re: Elon Musk Deal to Buy Twitter Is Done, Musk Appears to Confirm
« Reply #7 on: April 25, 2022, 07:06:57 pm »

Twitter accepts buyout, giving Elon Musk total control of the company
18 comments

Elon Musk will buy Twitter for $44 billion
By Emma Roth and Russell Brandom Apr 25, 2022, 2:51pm EDT

Twitter has accepted Elon Musk’s offer to purchase the company for $44 billion, the company announced in a press release today. Musk purchased the company at $54.20 a share, the same price named in his initial offer on April 14th.

“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” said Musk in a statement included with the release. “I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans.”

"“Free speech is the bedrock of a functioning democracy” "

Twitter CEO Parag Agrawal also applauded the deal in the release. “Twitter has a purpose and relevance that impacts the entire world,” Agrawal said in an accompanying statement. “Deeply proud of our teams and inspired by the work that has never been more important.”

Musk laid out his plan for funding the deal in an SEC filing on Thursday, which includes $25.5 billion in loans and $21 billion in personal equity. Analysts believe the loans could cost Twitter as much as $1 billion a year in servicing fees, or roughly 20 percent of the company’s annual revenue.

more
https://www.theverge.com/2022/4/25/23028323/elon-musk-twitter-offer-buyout-hostile-takeover-ownership
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Online Kamaji

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Re: Elon Musk Deal to Buy Twitter Is Done, Musk Appears to Confirm
« Reply #8 on: April 25, 2022, 07:09:16 pm »
Let's hope that this doesn't just turn out to be a so-called "white elephant" for Mr. Musk.
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Re: Elon Musk Deal to Buy Twitter Is Done, Musk Appears to Confirm
« Reply #9 on: April 25, 2022, 07:28:48 pm »
Quote from: Kamaji on April 25, 2022, 07:09:16 pm
Let's hope that this doesn't just turn out to be a so-called "white elephant" for Mr. Musk.

His first order of business is to flush out the booby traps left behind, and then sacking all current Board Members.
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Offline Fishrrman

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Re: Elon Musk Deal to Buy Twitter Is Done, Musk Appears to Confirm
« Reply #10 on: April 25, 2022, 08:15:04 pm »
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Re: Elon Musk Deal to Buy Twitter Is Done, Musk Appears to Confirm
« Reply #11 on: April 25, 2022, 08:55:07 pm »
Quote from: Cyber Liberty on April 25, 2022, 05:45:10 pm
Maybe, but Trump is not likely to post on it as long as he's trying to make a go of his iPhone-only social media project.  It's looking a lot like a money pit, and it's stupid to not have an Android app yet.

IMHO, this isn't 'over' by a longshot.

1) There will be severe restructuring of the sale price once Musk proves that 50% of Twitter accounts are phony.

2) The sellers of Twitter will sabotage the algorithms in an attempt to hide that fact.

3) They will take the proceeds and startup a new site for which current Socialists are fleeing Twitter.

4) Rumble is the one that is tremendously hurt by this sale.  It was to be an alternate choice for a "free speech" platform.
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Offline Wingnut

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Re: Elon Musk Deal to Buy Twitter Is Done, Musk Appears to Confirm
« Reply #12 on: April 25, 2022, 08:57:22 pm »
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Online mountaineer

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Re: Elon Musk Deal to Buy Twitter Is Done, Musk Appears to Confirm
« Reply #13 on: April 25, 2022, 10:35:49 pm »
Check the dates. Leftist tears are so satisfying.


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Online Kamaji

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Re: Elon Musk Deal to Buy Twitter Is Done, Musk Appears to Confirm
« Reply #14 on: April 25, 2022, 10:36:41 pm »
Quote from: mountaineer on April 25, 2022, 10:35:49 pm
Check the dates. Leftist tears are so satisfying.




:silly:

Yes, yes they are!
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Offline Right_in_Virginia

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Re: Elon Musk Deal to Buy Twitter Is Done, Musk Appears to Confirm
« Reply #15 on: April 25, 2022, 10:56:22 pm »
Disclose.tv
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JUST IN - Twitter's source code is locked down to make it harder for employees to make unauthorized changes to the platform, Bloomberg reports.

4:38 PM · Apr 25, 2022·Twitter Web App
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Offline LMAO

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Re: Elon Musk Deal to Buy Twitter Is Done, Musk Appears to Confirm
« Reply #16 on: April 25, 2022, 11:10:09 pm »
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Offline mystery-ak

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Re: Elon Musk Deal to Buy Twitter Is Done, Musk Appears to Confirm
« Reply #17 on: April 25, 2022, 11:10:59 pm »
Lance Gooden
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5h
Elon Musk is buying Twitter.

CNN+ is shutting down.

Disney is being reined in.

It's a bad time to be woke.
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Re: Elon Musk Deal to Buy Twitter Is Done, Musk Appears to Confirm
« Reply #18 on: April 25, 2022, 11:13:07 pm »
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Re: Elon Musk Deal to Buy Twitter Is Done, Musk Appears to Confirm
« Reply #19 on: April 25, 2022, 11:15:43 pm »
Quote from: mystery-ak on April 25, 2022, 11:10:59 pm
Lance Gooden
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Elon Musk is buying Twitter.

CNN+ is shutting down.

Disney is being reined in.

It's a bad time to be woke.
A few small victories, but we haven't won the war.
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Re: Elon Musk Deal to Buy Twitter Is Done, Musk Appears to Confirm
« Reply #20 on: April 25, 2022, 11:17:49 pm »
Quote from: DCPatriot on April 25, 2022, 08:55:07 pm
IMHO, this isn't 'over' by a longshot.

1) There will be severe restructuring of the sale price once Musk proves that 50% of Twitter accounts are phony.

2) The sellers of Twitter will sabotage the algorithms in an attempt to hide that fact.

3) They will take the proceeds and startup a new site for which current Socialists are fleeing Twitter.

4) Rumble is the one that is tremendously hurt by this sale.  It was to be an alternate choice for a "free speech" platform.
There is a shredder party happening now in Twitter HQ, FBI, various Media Moguls, big Pharma, and bureaucracies all over DC. The biggest surprise for Musk will be how embedded Twitter is in government and the billionaire corporate class, in shaping narratives to the way they want it to be molded by Twitter.
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Offline Right_in_Virginia

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Re: Elon Musk Deal to Buy Twitter Is Done, Musk Appears to Confirm
« Reply #21 on: April 25, 2022, 11:35:10 pm »
Quote
We’re back.— Tucker Carlson (@TuckerCarlson) April 25, 2022
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Offline mystery-ak

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Re: Elon Musk Deal to Buy Twitter Is Done, Musk Appears to Confirm
« Reply #22 on: April 25, 2022, 11:49:30 pm »
A lot of people coming back...how will this affect TruthSocial now...hmmmm!
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Re: Elon Musk Deal to Buy Twitter Is Done, Musk Appears to Confirm
« Reply #23 on: April 26, 2022, 12:00:18 am »
Quote from: mystery-ak on April 25, 2022, 11:49:30 pm
A lot of people coming back...how will this affect TruthSocial now...hmmmm!
Wonder when Trump will show up?
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You cannot "COEXIST" with people who want to kill you.
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Rational fear and anger at vicious murderous Islamic terrorists is the same as irrational antisemitism, according to the Leftists.

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Re: Elon Musk Deal to Buy Twitter Is Done, Musk Appears to Confirm
« Reply #24 on: April 26, 2022, 12:04:56 am »
Quote from: DCPatriot on April 25, 2022, 08:55:07 pm
4) Rumble is the one that is tremendously hurt by this sale.  It was to be an alternate choice for a "free speech" platform.

@DCPatriot

No... Rumble is more of an alt-youtube.

I think you are thinking of gab or parler or gettr...
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