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Elon Musk Thread - Buys twitter for reals this time

Zgdaf

Elite
Founder
Joined
Jan 9, 2021
Messages
1,623
Funny to see this host try to hide that he thinks the worlds coming to an end if Elon levels the playing field on Twitter. Overall pretty good interview, and Elon goes into some detail why he holds a grudge against the San Fran SEC office.
 

CDDP

Legendary
Founder
Joined
Jan 8, 2021
Messages
8,326
Twitter has taken the poison pill so now Musk should dump his shares and encourage as many users to drop the platform and start/join new platform.





Twitter adopted a limited duration shareholder rights plan, often called a “poison pill,” a day after billionaire Elon Musk offered to buy the company for $43 billion, the company announced Friday.

The board voted unanimously to adopt the plan.




Under the new structure, if any person or group acquires beneficial ownership of at least 15% of Twitter’s outstanding common stock without the board’s approval, other shareholders will be allowed to purchase additional shares at a discount.

The plan is set to expire on April 14, 2023.
 

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