Re:Elon Musk makes $43B unsolicited bid to take Twitter private
by dragonwriter on Thursday April 14, 2022 @07:01PM
(#31034544)
> Which he can do much more cheaply than buying outright at a 38% premium.
Are you sure? I suspect were he actually trying to do this and had the liquidity, the price would go up as he tried to buy it.
Re:Elon Musk makes $43B unsolicited bid to take Twitter private
by skinnymuch on Thursday April 14, 2022 @06:55PM
(#31034476)
Plan B makes sense if Musk was actually serious/determined (I have no idea but I doubt it). Especially once the stock gets volatile while going down after he sells [part of] his stake before re-buying privately.
Re:Elon Musk makes $43B unsolicited bid to take Twitter private
by chillwaves on Friday April 15, 2022 @01:29AM
(#31036853)
If it is so simple to buy out twitter, why hasn't it been done?
Re:Elon Musk makes $43B unsolicited bid to take Twitter private
by MrBlueIncognito on Friday April 15, 2022 @08:05AM
(#31039219)
I can think of some reasons.
1. There's <100 billionaires with enough wealth to buy 51% of Twitter. And even for most of them, such an investment would represent a larger share of their wealth than it will for Musk, meaning greater risk.
2. Most just aren't interested. Unlike Musk, who shows a strong affinity for the platform.
Re:Elon Musk makes $43B unsolicited bid to take Twitter private
by klausjensen on Friday April 15, 2022 @03:32AM
(#31037481)
It's kinda pricey and not profitable.
No, this is not a hostile takeover. A hostile takeover is if Elon bought up more than 50% of the shares. Which he can do much more cheaply than buying outright at a 38% premium.
If they decline his offer plan B may be to buy up the cheap shares until he has 51%.