Elon Musk Now Able to Straight Up Buy
Twitter, Pursue Hostile Takeover After
Refusing Board Membership
The Western Journal,
by
AbLiebing
Original Article
Posted By: Imright,
4/12/2022 8:23:14 AM
Elon Musk, CEO of Space X and Tesla, bought a huge share of Twitter but has turned down a seat on the social media giant’s board.This has everyone asking, is Musk positioning himself to take over Twitter?Elon Musk bought 9.2 percent of Twitter, which makes him the largest shareholder in the social media company, CNN reported.Many then assumed that his next move would be to join the Twitter board. But he has opted out of taking a seat, ABC News reported.“Elon’s appointment to the board was to become officially effective on April 9,
The Board of Directors can't muzzle him, if he's not on the board. Very shrewd move on his part. As the largest shareholder, he can steer corporate policy, and if the Directors don't like it, he can call a shareholders meeting to fire them...
16 people like this.
Reply 2 - Posted by:
msjena 4/12/2022 8:33:25 AM (No. 1126167)
I hope he does this. Facebook should be next.
17 people like this.
Reply 3 - Posted by:
smokincol 4/12/2022 9:07:51 AM (No. 1126200)
why doesn't he just buy the other ones, too - his revenue would soar to a level unheard of in modern times
9 people like this.
Reply 4 - Posted by:
Paperpuncher 4/12/2022 9:11:20 AM (No. 1126205)
Very interesting. Will be watching to see what Elon does. By the way, Facebook should just be closed down. It has done nothing but damage to our youth. People on Facebook are not your “friends”. In fact you don’t really even know who they are such as paedophiles looking for victims.
6 people like this.
Reply 5 - Posted by:
SkeezerMcGee 4/12/2022 9:32:13 AM (No. 1126237)
Elon's wealth is in stocks. He knows Twitter's censorship is bad for its business. If Elon can stop its censorship, its stock value will skyrocket. Buying Twitter stock may be a good investment.
6 people like this.
Reply 6 - Posted by:
JunkYardDog 4/12/2022 9:32:56 AM (No. 1126238)
What sweet revenge if Musk buys Twitter and fires all the WOKE-ies. Please let it happen!
8 people like this.
Reply 7 - Posted by:
TCloud 4/12/2022 9:56:11 AM (No. 1126273)
An offer they CANNOT refuse is next and yeah Twitter will be history!
2 people like this.
Reply 8 - Posted by:
downnout 4/12/2022 9:58:34 AM (No. 1126277)
On Fox Business this morning, it was reported that Fakebook spent $27 million protecting Zuck and his family last year.
3 people like this.
Reply 9 - Posted by:
padiva 4/12/2022 10:01:12 AM (No. 1126283)
Is Musk holding his poker cards close to his chest so no one can see them?
Wise move!
Hmm. What will his trump card be?
5 people like this.
Reply 10 - Posted by:
Rumblehog 4/12/2022 10:06:36 AM (No. 1126287)
Twitter is Toast... Musk's in a position to ruin the stock right now. Should he announce a "sale" of stock it will drive the price into the low 20's range, and possibly lower. However, were he to announce his intent to buy up more stock, it will cause a furor on the left and internal rebellion would ensue, which will also tank the company stock. Musk is like the "bad uncle" who came to visit, and now refuses to leave.
Twitter is now in a game they can't possibly win, can't hope to break even, and can't fold... "Entropy 101."
8 people like this.
Reply 11 - Posted by:
LadyVet 4/12/2022 10:28:59 AM (No. 1126323)
Next should come the proxy war. If you own stock, even a small amount, watch for the proxy forms. Give Elon Musk your proxy and let him vote your stock share at the annual stockholder's meeting.
5 people like this.
Reply 12 - Posted by:
thefield 4/12/2022 10:30:33 AM (No. 1126324)
The big if in life. If I was him I would go to 20%. And see them squim.
4 people like this.
Dear Elon, good move re Twitter. Facebook next? Tik Tok should be a priority. Rotten, dirty. Love watching the worms sqirm.
6 people like this.
Reply 14 - Posted by:
Highlander 4/12/2022 11:36:11 AM (No. 1126391)
I understand Tik-Tok is Chinese-owned. So, the U.S. should ban it as India did. Of course, after the good guys come back.
3 people like this.
As much as I would like to see Twitter die, this is going to be much more entertaining. Maybe Musk will be able to force Twitter back to the path they were on when they decided to go toe to toe with Trump and the rest of us. Stay tuned....
2 people like this.
Reply 16 - Posted by:
mifla 4/13/2022 7:00:28 AM (No. 1127163)
Force the price of Twitter stock down, buy up the shares, take over and fire the leftists.
0 people like this.
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