Elon Musk makes $43B unsolicited bid to take Twitter private

Re:Elon Musk makes $43B unsolicited bid to take Twitter private by williamsmj on Thursday April 14, 2022 @01:24PM (#31030146)

I agree it's bonkers that this is possible. I agree, in an environment where the SEC seems unable to stop him, Elon Musk might well consider 22% return worth doing. None of that is relevant to the point I'm making.

I'm contending the claim that the implicit (and completely pro forma!) threat in his SEC filing places "insane pressure" on the Twitter board. The the possibility of a 20+% stock price change will not play a large part in their calculations. It's just not a big deal in the context of such a volatile stock.

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Re:Elon Musk makes $43B unsolicited bid to take Twitter private by cambaceres on Thursday April 14, 2022 @02:31PM (#31031259)

Don't you think he would lose a lot of reputation in future deals like this? I wouldn't trust him.

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Re:Elon Musk makes $43B unsolicited bid to take Twitter private by edmundsauto on Thursday April 14, 2022 @04:00PM (#31032497)

He hasn't needed any trust to go this far, his MO here is more of a hostile takeover, and he doesn't need any permission from Twitter to do it.

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Re:Elon Musk makes $43B unsolicited bid to take Twitter private by cambaceres on Thursday April 14, 2022 @04:40PM (#31032985)

Good point.

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