It was satire.. take the stick out of your ass..
...and fucking awesome!!! Can't believe Twitter posters didn't get that. Jesus
Omnibus : Elon Musk's Twitter Acquisition
- Thread starter B00Mer
- Start date
...and fucking awesome!!! Can't believe Twitter posters didn't get that. Jesus
Why start up a new portal like Trump did, when you’re rich enough to just buy up the #1 portal
And that is what Elon Musk is going to try and do. Won't that just piss off a lot of Turdeau loving leftist libtards here.
So, I guess it is safe to say now that the lefty libtards can be seen as Nazi's also. That should even things out for right winger Nazi's like me.
It looked like towards the end of his bullshit commie twitter rant the pot that he had puffed away on before his historic leftist twitter rant was starting to kick in. Pretty soon this commie boy will have to kiss Elon Musk's arse hole if he wants to keep his job with Twitter. Now, won't that be a picture worth a thousand words. Get those lips ready for action, commie boy. LOL.
It's oh so nice to see the twits working for Twitter start to tweet in panic over Elon Musk taking over Twitter, and is about to censor their leftist libtard lying tweets. LOL.
Twitter adopts 'poison pill' as challenger to Elon Musk emerges
Author of the article:Reuters
Reuters
Greg Roumeliotis and Krystal Hu
Publishing date:Apr 15, 2022 • 16 hours ago • 4 minute read • 41 Comments
Twitter Inc adopted a ‘poison pill’ on Friday to limit Elon Musk’s ability to raise his stake in the social media platform, as a buyout firm emerged to challenge his $43 billion bid for the company.
Thoma Bravo, a technology-focused private equity firm that had more than $103 billion in assets under management as of the end of December, has informed Twitter that it is exploring the possibility of putting together a bid, people familiar with the matter said.
It is not clear how much Thoma Bravo would be prepared to offer and there is no certainty that such a rival bid will materialize, the sources cautioned, asking not to be identified because the matter is confidential.
A Thoma Bravo spokesperson declined to comment while Twitter representatives did not immediately respond to a request for comment. The New York Post reported on Thursday that Thoma Bravo was considering a bid for Twitter.
Twitter said on Friday it adopted a poison pill that would dilute anyone amassing a stake in the company of more than 15% by selling more shares to other shareholders at a discount. Known formally as a shareholder rights plan, the poison pill will be in place for 364 days.
The move would not bar Musk from taking his offer directly to Twitter shareholders by launching a tender offer. While the poison pill would prevent most Twitter shareholders from selling their shares, the tender offer would allow them to register their support or disapproval of Musk’s offer.
“It is a predictable defensive measure for the board to go down that will not be viewed positively by shareholders given the potential dilution and acquisition unfriendly move,” Wedbush analyst Dan Ives tweeted on Friday.
Thoma Bravo’s interest raises the specter of more private equity firms vying for Twitter. The global private equity industry is sitting on about $1.8 trillion in dry powder, according to data provider Preqin. Unlike major technology conglomerates, most buyout firms would not face antitrust restrictions in acquiring Twitter.
It remains possible that a private equity firm will boost Musk’s bid by partnering with him rather than challenging him. Musk’s criticism of Twitter’s reliance on advertising for most of its revenue, however, has made some private equity firms apprehensive about teaming up with him, industry sources said. This is because a strong cash flow makes financing a leveraged buyout much easier.
Silver Lake, a private equity firm with more than $90 billion in assets under management, would be a natural partner for Musk because it offered financing for his $72-billion bid for Tesla Inc four years ago, which Musk subsequently abandoned. Silver Lake co-chief executive Egon Durban also sits on Twitter’s board.
But Durban did not recuse himself on Thursday when Twitter’s board met to discuss Musk’s offer for the first time, people familiar with the matter said, in a sign that Silver Lake has not sought to team up with Musk or make a bid of its own thus far.
It remains possible that Silver Lake will choose to become involved as a buyer. A Silver Lake spokesman did not immediately respond to a request for comment on Friday.
‘BEST AND FINAL OFFER’
Twitter has more than $6 billion of cash on its balance sheet and its annual cash flow is close to $700 million, providing some comfort to banks considering whether should provide debt for a deal. Still, a leveraged buyout for Twitter could be the biggest of all time, potentially requiring several buyout firms and other major institutional investors to team up.
Musk is the world’s richest person with a net worth pegged by Forbes at $265 billion. He has however drawn a line on how much he is willing to pay. He informed Twitter on Wednesday that his $54.20-per-share all-cash bid for the company was his “best and final offer,” and that he would reconsider his position as a Twitter shareholder if it was rejected. Musk owns more than 9% of Twitter, making him the largest shareholder after mutual fund giant Vanguard.
Musk tweeted on Thursday that Twitter’s shareholders should have a say on his offer and posted a poll on Twitter in which most users agreed with him. Twitter’s board is still assessing Musk’s offer and would only put it to the company’s shareholders for a vote if it approves it. Twitter shares fell on Thursday, indicating that most investors expect the company’s board to reject Musk’s bid as inadequate and thin on financing details.
Twitter’s board is expected to take several more days to assess Musk’s bid and draft its response, the sources familiar with the matter said. An outcome over the weekend is unlikely, the sources added.
Goldman Sachs Group Inc has been advising Twitter’s board on its deliberations. Bloomberg News reported on Friday that the board had tapped JPMorgan Chase Co Inc as a second financial adviser.
nypost.com
torontosun.com
Author of the article:Reuters
Reuters
Greg Roumeliotis and Krystal Hu
Publishing date:Apr 15, 2022 • 16 hours ago • 4 minute read • 41 Comments
Twitter Inc adopted a ‘poison pill’ on Friday to limit Elon Musk’s ability to raise his stake in the social media platform, as a buyout firm emerged to challenge his $43 billion bid for the company.
Thoma Bravo, a technology-focused private equity firm that had more than $103 billion in assets under management as of the end of December, has informed Twitter that it is exploring the possibility of putting together a bid, people familiar with the matter said.
It is not clear how much Thoma Bravo would be prepared to offer and there is no certainty that such a rival bid will materialize, the sources cautioned, asking not to be identified because the matter is confidential.
A Thoma Bravo spokesperson declined to comment while Twitter representatives did not immediately respond to a request for comment. The New York Post reported on Thursday that Thoma Bravo was considering a bid for Twitter.
Twitter said on Friday it adopted a poison pill that would dilute anyone amassing a stake in the company of more than 15% by selling more shares to other shareholders at a discount. Known formally as a shareholder rights plan, the poison pill will be in place for 364 days.
The move would not bar Musk from taking his offer directly to Twitter shareholders by launching a tender offer. While the poison pill would prevent most Twitter shareholders from selling their shares, the tender offer would allow them to register their support or disapproval of Musk’s offer.
“It is a predictable defensive measure for the board to go down that will not be viewed positively by shareholders given the potential dilution and acquisition unfriendly move,” Wedbush analyst Dan Ives tweeted on Friday.
Thoma Bravo’s interest raises the specter of more private equity firms vying for Twitter. The global private equity industry is sitting on about $1.8 trillion in dry powder, according to data provider Preqin. Unlike major technology conglomerates, most buyout firms would not face antitrust restrictions in acquiring Twitter.
It remains possible that a private equity firm will boost Musk’s bid by partnering with him rather than challenging him. Musk’s criticism of Twitter’s reliance on advertising for most of its revenue, however, has made some private equity firms apprehensive about teaming up with him, industry sources said. This is because a strong cash flow makes financing a leveraged buyout much easier.
Silver Lake, a private equity firm with more than $90 billion in assets under management, would be a natural partner for Musk because it offered financing for his $72-billion bid for Tesla Inc four years ago, which Musk subsequently abandoned. Silver Lake co-chief executive Egon Durban also sits on Twitter’s board.
But Durban did not recuse himself on Thursday when Twitter’s board met to discuss Musk’s offer for the first time, people familiar with the matter said, in a sign that Silver Lake has not sought to team up with Musk or make a bid of its own thus far.
It remains possible that Silver Lake will choose to become involved as a buyer. A Silver Lake spokesman did not immediately respond to a request for comment on Friday.
‘BEST AND FINAL OFFER’
Twitter has more than $6 billion of cash on its balance sheet and its annual cash flow is close to $700 million, providing some comfort to banks considering whether should provide debt for a deal. Still, a leveraged buyout for Twitter could be the biggest of all time, potentially requiring several buyout firms and other major institutional investors to team up.
Musk is the world’s richest person with a net worth pegged by Forbes at $265 billion. He has however drawn a line on how much he is willing to pay. He informed Twitter on Wednesday that his $54.20-per-share all-cash bid for the company was his “best and final offer,” and that he would reconsider his position as a Twitter shareholder if it was rejected. Musk owns more than 9% of Twitter, making him the largest shareholder after mutual fund giant Vanguard.
Musk tweeted on Thursday that Twitter’s shareholders should have a say on his offer and posted a poll on Twitter in which most users agreed with him. Twitter’s board is still assessing Musk’s offer and would only put it to the company’s shareholders for a vote if it approves it. Twitter shares fell on Thursday, indicating that most investors expect the company’s board to reject Musk’s bid as inadequate and thin on financing details.
Twitter’s board is expected to take several more days to assess Musk’s bid and draft its response, the sources familiar with the matter said. An outcome over the weekend is unlikely, the sources added.
Goldman Sachs Group Inc has been advising Twitter’s board on its deliberations. Bloomberg News reported on Friday that the board had tapped JPMorgan Chase Co Inc as a second financial adviser.
Elon Musk could have competition: Thoma Bravo considers Twitter bid
Private equity giant Thoma Bravo is working on a possible bid for Twitter, a source close to the situation told The Post — setting up what could be a rival to Elon Musk’s offer for the …
nypost.com
Twitter adopts 'poison pill' as challenger to Elon Musk emerges
Twitter adopted a 'poison pill' on Friday as Thoma Bravo emerged to challenge Elon Musk's bid.
I mean, is there people who actually use this service
I love these Liberals crying that Elon could have spent “his money” on poor people..
The love spending other peoples money
never heard of it.
I mean, is there people who actually use this service
DuckDuckGo — Privacy, simplified.
The Internet privacy company that empowers you to seamlessly take control of your personal information online, without any tradeoffs.
Probably, But they will all be in agreement on the groupthink.
I mean, is there people who actually use this service
Twitter Board Declares They Would Rather Go Bankrupt Than Be Owned By An African American
babylonbee.com
Racist Twitter Board Declares They Would Rather Go Bankrupt Than Be Owned By An African American
SAN FRANCISCO, CA—Twitter's board of directors has elected to block an attempt from an African American immigrant to purchase the company. According to sources, they decided they would rather destroy their own company than see it in the hands of an African American.
babylonbee.com
