Musk announces funding secured for Twitter buy

Re:Musk announces funding secured for Twitter buy by xadhominemx on Thursday April 21, 2022 @10:36AM (#31109998)

Yes, if he launches a tender the offer goes to the shareholders. He wouldn’t need to build a larger stake himself.

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Re:Musk announces funding secured for Twitter buy by kpommerenke on Thursday April 21, 2022 @10:58AM (#31110278)

A tender offer is a means of building a large stake, so the poison pill would still be active. Therefore, he will not launch a tender offer.

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Re:Musk announces funding secured for Twitter buy by lkfsfldkjfslk on Thursday April 21, 2022 @11:49AM (#31111039)

I hesitate to speculate on what Musk will do specifically, but often in a poison pill situation a tender offer will be contingent on the removal of the poison pill. The point of the tender offer is not to buy the shares immediately, but to incentivize shareholders to put pressure on the board to remove the poison pill, then complete the tender offer it's removed.

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Re:Musk announces funding secured for Twitter buy by xadhominemx on Thursday April 21, 2022 @01:01PM (#31112052)

Incorrect.

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Re:Musk announces funding secured for Twitter buy by spikels on Thursday April 21, 2022 @11:14AM (#31110511)

I don’t think this is correct.

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Re:Musk announces funding secured for Twitter buy by xadhominemx on Thursday April 21, 2022 @01:02PM (#31112064)

It is correct. That is how a tender offer works.

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