Re:Elon Musk makes $43B unsolicited bid to take Twitter private
by fallingknife on Thursday April 14, 2022 @01:38PM
(#31030358)
Any initial offer is going to be non-binding. This is standard.
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Re:Elon Musk makes $43B unsolicited bid to take Twitter private
by RC_ITR on Thursday April 14, 2022 @03:42PM
(#31032290)
Yeah and any initial offer is worth the paper it’s printed on.
That is not the mainstream understanding of this “offer” though and that’s the point I’m trying to make.
Re:Elon Musk makes $43B unsolicited bid to take Twitter private
by mathlover2 on Thursday April 14, 2022 @02:41PM
(#31031408)
IIRC he claimed that this was his only offer and that he would sell if it was refused.
Re:Elon Musk makes $43B unsolicited bid to take Twitter private
by mathlover2 on Thursday April 14, 2022 @02:55PM
(#31031608)
> Mr. Musk called the bid his “best and final offer,” adding that if his proposal isn’t accepted “I would need to reconsider my position as a shareholder.” Mr. Musk earlier this year built a position of more than 9% in Twitter.
Source: https://www.wsj.com/articles/elon-musk-offers-to-buy-rest-of...
Re:Elon Musk makes $43B unsolicited bid to take Twitter private
by dheera on Thursday April 14, 2022 @05:56PM
(#31033805)
He could sell it for higher? People would probably buy the shares at higher price if they knew it came from Elon.