Post New Article

Elon Musk is 'talking to private equity
investors to partner with him on an increased
bid for Twitter' after board adopted a
dramatic 'poison pill' defense to thwart
his $43B hostile takeover

Original Article

Posted By: Imright, 4/15/2022 9:45:30 PM

Elon Musk is talking with potential partners about joining him in a bid to wrestle control of Twitter, after the board poured cold water on his $43 billion offer and instead opted to take 'a poison pill'.Musk, 50, told the board on Wednesday he wanted to buy the social media company, in which he has a 9.1 percent share.On Thursday, the CEO, Parag Agrawal, told staff that they were still weighing up Musk's offer.But on Friday, Twitter's board announced the dramatic 'poison pill plan' to prevent Musk from increasing his stake in the company further.

Post Reply

Reply 1 - Posted by: EJKrausJr 4/15/2022 10:35:18 PM (No. 1129816)
Twitter thinks they're safe, but Elon has just begun. Worse case, he dumps his shares and builds a new Town Square. Best case he acquires Twitter, fires everyone, goes open source, lets the world develop the soapboxes. Free speech is Free speech again.
36 people like this.

Reply 2 - Posted by: seamusm 4/15/2022 11:12:25 PM (No. 1129826)
How on Earth is it legal to treat one person's common shares differently than another's?
28 people like this.

Reply 3 - Posted by: little guy 4/16/2022 8:24:01 AM (No. 1129994)
All of a sudden --- the Libs have stopped bragging about owning a Tesla. Musk is not your average "Big Lib" multi-millionaire. Musk became wealthy pandering to the "greenies". He didn't get to be where he is and as rich as he is by being dumb. He didn't just step in it like so many 2nd and 3rd generation wealthy. And he is the wrong guy to mess with as he seeks whatever prize he desires. The problem with this idea is that it cuts the value of the stock and if every mom and pop decides to dump it, hang on. There is a flood of stock on the market and no buyers. Meanwhile, institutional investors ... who basically really own the company ... can unite and vote to throw out the current Board and put in one sympathetic to Musk. If fact, he can vote his 10% ownership to do that. This could go like a school board in Virginia! If Musk gets a majority of shareholders currently on the books to agree --- they can issue a vote of no confidence and push a new vote for Board members. Once the current idiots are removed and new members sworn in, they then re-write or remove the "poison pill" rule.
23 people like this.

Reply 4 - Posted by: Dodge Boy 4/16/2022 8:43:13 AM (No. 1130016)
And over at fakebook, Zuckie Boy, you starting to sweat it yet?
15 people like this.

Reply 5 - Posted by: janjan 4/16/2022 9:12:57 AM (No. 1130032)
Twitter is cornered. Their strategy of ripping off their shareholders to cover their own asses is going to backfire. It will end up in court and the CEO will be toast.
16 people like this.

Reply 6 - Posted by: starboard 4/16/2022 9:50:22 AM (No. 1130076)
Musk is an engineerning genius. He knows what he's doing and the twitter geeks don't. They are flailing and listening to lawyers who want to get in on this. What is sounds like is Musk is making an offer to purchase the company and to take it private. This will cause the stock to tank. Good bye Twitter! That's when he'll make his next move. The uncertainty of what he will do next is the key. Musk has made many deals building his empire over the years and knows how to play the game well. Very Trumpian if I may say so. The lilliputian Twitter geeks have no idea what they are about to encounter. This is going to be exciting to watch and I have no doubt Musk will achieve what he wants.
19 people like this.

Reply 7 - Posted by: Thos Weatherby 4/16/2022 10:02:49 AM (No. 1130095)
Remember, Trump not only is starting a Twitter type company with Truth Social Media, Trump also started a media acquisition company to help buy out other social media companies. Wouldn't surprise me if they merged Truth Social with Twitter. As Musk says, it's not about the $$$. Could CNN be next?
10 people like this.

Reply 8 - Posted by: Zigrid 4/16/2022 10:10:35 AM (No. 1130104)
I think the most interesting part of this tug of war...is the board's shooting themselves in the foot...why wouldn't you want to sell with such a substantial money offer...it's called "control"...tweeter is just terrified of losing power and control....which says a lot about the people in charge of tweeter now...I think they have met their match...Elon doesn't look like he's backing down....it's like a game of Monopoly ...and Elon wants Boardwalk and Park Place...and I think he's gonna get it!!
11 people like this.

Reply 9 - Posted by: Dino Sayer 4/16/2022 11:06:21 AM (No. 1130166)
Once upon a time there was a prince of a certain small country that decided to bring a rich country to its knees without violence of any kind. So he went and bought effective control of its primary message sharing app. He interfered with political messages, reports of scientific advances, and reports of voting irregularities. Within a few years, the economy was in shambles, a dunce was elected as their leader, they were humiliated before the world, and hundreds of thousands of excess deaths have occurred. The citizens are at each other’s throats, and many are applauding the very censorship that has done them harm. This is a satire and bears no relation to actual current events of course.
9 people like this.

Reply 10 - Posted by: cor-vet 4/16/2022 11:39:55 AM (No. 1130192)
This is pretty 'racist' of the board and all the knee- jerk reacting libs, going against an African-American like Musk.
12 people like this.

Reply 11 - Posted by: PrayerWarrior 4/16/2022 12:23:16 PM (No. 1130245)
Would someone please pass the popcorn? This movie looks like a lot of fun and laughs... Seriously, we at our house have prayed fervently for years for the Lord to bring down Big Tech and bankrupt them for the destruction they've done to our beloved country. But God may have other plans than bankruptcy for them, it may be Elon Musk...so it's just like the Lord to do something different...out in left field. Go Elon go!
4 people like this.

Reply 12 - Posted by: Rumblehog 4/16/2022 7:57:20 PM (No. 1130549)
In the Animal Kingdom, a lion, who is king of his Pride, is approached by a younger, stronger, more agile Lion sensing weakness in the older king, might challenge him for control of the Pride. The young male lion won't be satisfied merely "deposing" the king, but will kill him, or wound him seriously enough that should he survive, he will never be the same. He may in fact succumb to his wounds, or the female Lions will drive him away, where he will be destroyed by a pack of Hyenas. This is the Law of the Jungle, though not unique to the "jungle." The Twitter Board and Executives are like the old "king" Lion, who don't want to give up control of the "Pride," which are the Legions of Leftist Twits who make up Twitter, following it religiously, and even using it as a factual news source. This is a heady experience for the "Lion," though not particularly good at making money. (same for newspapers these days, just ask Bezos) Twitter will be left in shreds after the the young Lion finishes his attack, which will be followed by weaker young Lions (=bands of venture capitalists), and then come the packs of Hyenas (=blood-thirsty lawyers) who will finish it off.
0 people like this.

Below, you will find ...
Most Recent Articles posted by "Imright"
and
Most Active Articles (last 48 hours)
Most Recent Articles posted by Imright"
Pinkerton: ‘Groomer-gate’ – How
Democrats Transitioned into the Party
of Trans-Extremists
0 replies
Posted by Imright 4/16/2022 9:05:47 PM Post Reply
On April 8, Alabama Gov. Kay Ivey signed two bills into law that caught the attention of the Biden White House.The first bill she signed requires students to use bathrooms appropriate for their biological sex, and the second bill makes it a felony for doctors to perform “gender reassignment” therapy or surgery on minors. In her signing statement, Ivey affirmed: I believe very strongly that if the Good Lord made you a boy, you are a boy, and if he made you a girl, you are a girl. We should especially protect our children from these radical, life-altering drugs and surgeries when they are at such a vulnerable
Elon Musk Dunks on the Twitter Board —
and Comments on Whether Things Are 'Rigged'
0 replies
Posted by Imright 4/16/2022 8:59:23 PM Post Reply
Twitter announced that they would be pulling a “poison pill” effort to defend against Elon Musk’s effort to buy Twitter. That move wasn’t in the best interests of the shareholders and could subject them to lawsuits.Musk said he had a “Plan B,” if Twitter tried to cut off his effort.According to reports, Musk is now securing partners to go in with him on the buy. So if he is limited in the percentages he can buy, he can try to circumvent that limitation by having partners buy up to the maximum as well At the same time, there was a report that the SEC and the DOJ were looking into
Here’s what’s different about Melania-backed
Trump NFTs
0 replies
Posted by Imright 4/16/2022 8:52:38 PM Post Reply
The CryptoTRUMP Club has officially announced its second line of non-fungible tokens (NFTs) that has the support of former First Lady Melania Trump, and will provide exclusive access to a list of MAGA influencers.The tokens, which will feature former President Donald Trump in a variety of different outfits are “rare, one-of-a-kind images” that will be “found exclusively on DeepRedSky, the premium free-speech focused NFT marketplace.”According to information released on the launch, purchasing one of the NFTs will come with additional benefits, such as the ability to talk with popular MAGA influencers Rogan O’Handley, Grant Godwin, David Harris Jr., and Erin Elmore via Discord.
Here’s What Happened Yesterday When
J6 Defendant Dustin Thompson Was Found
Guilty in a DC Court
4 replies
Posted by Imright 4/16/2022 7:56:20 PM Post Reply
January 6 protester Dustin Thompson was found guilty on Thursday of a felony and several misdemeanors.After Dustin Thompson’s guilty verdict was read, he was removed from the courtroom in shackles, with little objection from his attorney. It wasn’t expected that he’d be ordered detained like this before sentencing.As two older security guards removed his belt, ring, and personal items from his pockets, Judge Reggie Walton said in a harsh tone that Thompson was “weak-minded.”
Zelensky warns 'we must prepare' for Russian
nuclear attack and urges the world to
stock up on anti-radiation medicine and
build air raid shelters - as Kremlin exacts
flagship revenge by bombarding EIGHT Ukrainian towns
5 replies
Posted by Imright 4/16/2022 7:22:56 PM Post Reply
Russia is willing to use nuclear weapons to bring a catastrophic end to its invasion of Ukraine, Volodymyr Zelensky warned tonight - as he urged the world to 'prepare' for the worst by stocking up on anti-radiation medicine and building air raid shelters. The comedian-turned-war time leader made the doomsday warning during an interview with national media, before sharing the clip via his Telegram channel.He made a similar announcement on Friday, when he said it could not be ruled out that desperate Russian dictator Vladimir Putin would use tactical nukes, as his war against Ukraine continues to stall.
Florida bans 54 of its school math textbooks
for 'trying to indoctrinate students':
Half of the prohibited titles feature
Critical Race Theory
10 replies
Posted by Imright 4/16/2022 4:18:06 PM Post Reply
The Florida Department of Education rejected 54 math textbooks from its curriculum on Friday, saying the books were an attempt to 'indoctrinate' students - with more than half of them banned for referencing Critical Race Theory (CRT). The agency tossed out 41 percent of the 132 math textbooks submitted for next year's curriculum because they were not 'aligned with Florida standards or included prohibited topics and unsolicited strategies,' the DOE said in a statement on Friday. 'Reasons for rejecting textbooks included references to Critical Race Theory (CRT), inclusions of Common Core, and the unsolicited addition of Social Emotional Learning (SEL) in mathematics,'
Pictured: Woman, 23, who was run over
three times in horrific road rage attack
as her father reveals she is recovering
from three neck fractures, a broken leg
and ribs and has deep gashes on 60% of
her body
8 replies
Posted by Imright 4/16/2022 4:07:09 PM Post Reply
A New Jersey city employee, 23, who was run over in a road rage attack while attempting to record a car's license plate after a crash, is slowly recovering from severe injuries including a broken spine.Morgan Scott was also left with a broken leg and ribs, and severed liver after Vincent Jean allegedly mowed her down three times in Elizabeth, New Jersey on Tuesday.Jean, 56, was arrested after his Mitsubishi SUV was caught on camera ramming into Scott several times. He is charged with first-degree attempted murder and third-degree assault by auto.Scott's family has since set up a GoFundMe
Elon Musk highlights 2017 tweet where
he gushed he 'loves Twitter' and asked
'how much is it?' after launching hostile
takeover bid
0 replies
Posted by Imright 4/16/2022 12:21:26 PM Post Reply
The richest man in the world, Elon Musk, who on Wednesday launched a bid to buy Twitter, has responded to a tweet of his own that itself is more than four years old in which he shared his passion for the social media platform.'I love Twitter', Musk declared in a December 2017 tweet.'How much is it?', he responded minutes later. The tweet, almost certainly forgotten about by all except Musk, received a follow-up response from the billionaire on Friday night with an upside down smiley emoji. (Tweets)
A Professor Was Punished For Refusing
To Use Preferred Pronouns. He Sued And
Just Settled For $400K.
13 replies
Posted by Imright 4/16/2022 12:16:42 PM Post Reply
A Shawnee State University professor who refused to use the preferred pronouns of a male student who identifies as female has settled with his employer for $400,000 and an agreement that he will never be forced to use pronouns.Shawnee philosophy professor Nicholas Meriwether refused to address a male student who identifies as female by the student’s preferred pronouns, instead referring to the student as “sir,” saying that his evangelical Christian beliefs were behind his actions.“To accede to these demands would have required Dr. Meriwether to communicate views regarding gender identity that he does not hold, that he does not wish to communicate,
Doomed Moskva Russia warship is 'seen
burning in satellite image' after Ukraine
missile strike 'killed ALL 510 aboard'
Putin's Black Sea flagship
17 replies
Posted by Imright 4/16/2022 11:53:37 AM Post Reply
Satellite images show the pride of Putin's Black Sea Fleet burning while other vessels are scrambled to rescue those onboard before it sank after it was struck by Ukrainian missiles in an attack which Kyiv has claimed killed all 510 crew on-board including its captain. Radar satellite imagery of the northern Black Sea on April 13 appears to pinpoint the Soviet-era Moskva warship, which Ukraine said was struck by two Neptune cruise missiles fired by one of its batteries near the port city of Odesa. Other vessels are also seen in attendance, with reports suggesting they are rescue vessels.
Mexican Governors, Abbott Ink Deals to
Close New Texas Border Checkpoints
6 replies
Posted by Imright 4/16/2022 11:50:52 AM Post Reply
Three Mexican governors signed an agreement with Texas Governor Greg Abbott and a fourth accord is imminent to end additional vehicle inspections at ports. The deals are contingent on Mexican authorities improving their security operations to curb human smuggling and drug trafficking.On Friday afternoon, Tamaulipas Governor Francisco Cabeza de Vaca is expected to meet with Abbott to sign a deal between Texas and Tamaulipas, marking the fourth state in the collaboration. Earlier this week, the governors from Coahuila and Chihuahua agreed to set up security checkpoints, increase patrols, and other measures to better curb smuggling.
Bellingham, Washington School District
Pays Middle School Students $2,000 to
Perform Drag Show
20 replies
Posted by Imright 4/16/2022 7:38:43 AM Post Reply
Bellingham, Washington – A Bellingham middle school awarded children $2,000 to perform a drag show.Whatcom Middle School’s Gender Sexuality Alliance club (yes, for 10-12 year olds) came up with the idea to host the “Drop Dead Gorgeous Drag Show.”Totally normal.But don’t worry because the school insists the drag show will be “behaviorally appropriate,” KGMI reported.Via KGMI: Word of a drag show at Bellingham’s Whatcom Middle School has raised some eyebrows, but the district says it’s not what some have portrayed it as.
Most Active Articles (last 48 hours)
Pope Francis: ‘We Are Racists, We Are Racists’ 57 replies
Posted by Imright 4/15/2022 3:45:48 PM Post Reply
ROME, Italy — Pope Francis accused the West of racism Friday, insisting migrants are “subdivided” by skin color and country of origin.“Refugees are subdivided,” the pontiff declared during a lengthy Good Friday interview on Italian television. “There’s first class, second class, skin color, [whether] they come from a developed country [or] one that is not developed.”“We are racists, we are racists. And this is bad,” the pope stated. As he has done on other occasions, Francis compared the current problem of migrants and refugees to the flight into Egypt of Joseph, Mary, and Jesus when King Herod was seeking to kill him.
Millionaire Heiress Abigail Disney Trashes
U.S. in Documentary: American Dream Is
a ‘Nightmare’ for Most
52 replies
Posted by Imright 4/15/2022 2:36:15 AM Post Reply
Abigail Disney inherited her fortune from her famous family, which built an empire on selling the public an idealized version of Main Street, USA. Now the left-wing heiress is trashing the same ideal in a new documentary in which she calls the American Dream a “nightmare” for most people.The American Dream and Other Fairy Tales, which premiered this year at the Sundance Film Festival, examines the pay gap of Disney employees — focusing on wage earners, or “cast members,” at Disneyland, some of whom say they are unable to afford sufficient food on their pay.
New York Times Op-ed on Holy Weekend:
Let’s Get Rid of God
44 replies
Posted by Beardo 4/16/2022 3:57:32 AM Post Reply
The New York Times published an op-ed Friday that proposes eliminating belief in God — as one of the holiest weekends of the year begins. Titled “In This Time of War, I Propose We Give Up God,” the article claims that God is responsible for “war and violence” and for “oppression and suffering,” and suggests that people stop teaching children about Him. Author Shalom Auslander, who is disillusioned about his upbringing in a religious Jewish community in New York, argues (original emphasis): God, it seems, paints with a wide brush. He paints with a roller. In Egypt, said our rabbi, he even killed first-born cattle.
Biden administration will RESTART the
sale of oil and gas leases on federal
land: White House does a u-turn to try
and control soaring gas prices and INCREASES
rates energy firms will pay the government
37 replies
Posted by Imright 4/15/2022 10:07:54 PM Post Reply
The Biden administration announced Friday that it would resume selling new oil and gas leases on federal lands – while hiking royalties that go the public when selling leases for extracting fossil fuel reserves in nine states.The Interior Department announced the news Friday afternoon – Good Friday and the start of Passover while Biden is away at Camp David, in a sign of the political sensitivity of the issue. It comes amid successive reports of soaring inflation, although the administration has stressed repeatedly that decisions on leasing primarily impact long-term, rather than short-term supply, and has called on companies to explore for oil and gas on existing leases.
Psaki: Canceling Student Debt ‘on the
Table’ – Relief from Inflation Is
‘a Big Part of the Consideration’
28 replies
Posted by Imright 4/16/2022 7:06:42 AM Post Reply
During an interview with “Pod Save America” on Thursday released on Friday, White House Press Secretary Jen Psaki stated that canceling student loan debt is “on the table” and high costs are “an important thing to consider. That’s a big part of the consideration.”Psaki responded to a question [relevant exchange begins around 1:00:55] on whether taking executive action on student loan debt cancelation is still on the table by stating, “Yes, still on the table. … So, as you said, it ends August 31. We have to then decide whether it’s extended and what you look at is, even though the economy’s very strong, we created
Sean Penn: ‘I’m Now Thinking About
Taking Up Arms Against Russia’
27 replies
Posted by hershey 4/15/2022 9:49:35 PM Post Reply
Sean Penn: ‘I’m Now Thinking About Taking Up Arms Against Russia’ Actor Sean Penn may go to Ukraine to fight Russian forces. The 61-year-old Oscar-winning celebrity has reportedly been working on a documentary for Vice about escalating tensions in the country since last year, and flew to Ukraine in February to get a firsthand look at the war.
[Video] Biden Does It Again – Falsely
Claims He Was A ‘Full Professor’ At
Ivy League University
25 replies
Posted by LoveYourCountry 4/15/2022 8:35:09 AM Post Reply
Another day, another instance of President Joe Biden making stuff up, and another reason for Americans to be mortified. No, folks, this isn’t some sort of nightmare you’re in, one that you can’t wake up from. This is really happening. During an appearance yesterday at North Carolina Agricultural and Technical University in Greensboro, Biden gave a speech about the importance of Historically Black Colleges and Universities (HBCU). As is so often the case with the president, he went off-script again and just totally lied about his past.
Hold On To Your Wallets — ‘Wrong Way’
Krugman Says Inflation Will Soon Ease
25 replies
Posted by RockyTCB 4/15/2022 6:34:45 AM Post Reply
New York Times columnist and – we’re constantly reminded – Nobel Laureate Paul Krugman says that inflation, which hit another new high this month, will soon abate. Why? Because, he wrote on Tuesday, “Lumber prices have plunged in recent weeks. Prices of industrial metals such as copper are coming down. Prices of used cars are still very high, but their surge has stalled and they may have peaked.” Oh, wait. That was from a column that Krugman wrote in June 2021. [snip] What Krugman actually wrote this Tuesday was that “inflation will probably fall significantly over the next few months.” Why? Because, he now says, oil prices have moderated and retailers are
MSNBC Host Warns of 'Real and Devastating
Consequences' of 'Letting People Run Wild'
With Free Speech
24 replies
Posted by ladydawgfan 4/15/2022 7:41:04 PM Post Reply
Houston, we have a problem. Let me rephrase that: America, the left-wing sockpuppet media has a problem — a problem that has now reached Planet Looney Tunes levels of panicked hysteria. The best part of all? The histrionics have also reached pay-per-view quality level, but it’s all free! The latest unintentional comedian was none other than MSNBC anchor Katy Tur, who has been making a fool out of herself for years. Tur’s effort came on Thursday, as the left’s meltdown continued, first over Elon Musk acquiring 9.2 percent of Twitter, then reaching cataclysmic proportions when Musk announced a hostile takeover bid of the social media giant known for censoring conservative content
Exclusive first photos: Caroline Kennedy
has a new grandchild
24 replies
Posted by Imright 4/15/2022 2:07:23 AM Post Reply
There’s a new Kennedy in town! Caroline Kennedy, the daughter of John F. Kennedy and Jackie Kennedy Onassis, is celebrating after the birth of her first grandchild, The Post can reveal.Environmental journalist Tatiana Schlossberg — Caroline’s daughter with designer Edwin Schlossberg — was spotted Thursday carrying her newborn in Manhattan.(Photos) Tatiana, 31, wed her Yale sweetheart Dr. George Moran, 32, in September 2017. The ceremony was held in the garden of her late grandmother Jackie’s summer home on Martha’s Vineyard.Tatiana is the middle of three children: Her sister Rose, 33, is a filmmaker, and brother Jack, 29, recently graduated from Harvard Law and Harvard Business School.
Charles Murray’s Wake Up Call on Race Problems 23 replies
Posted by DW626 4/16/2022 7:29:48 AM Post Reply
Charles Murray just can’t help himself; he’s been a social scientist and prolific author for almost 40 years, writing books on the American experience and societal issues. Now he is back in the mix with a book, Facing Reality: Two Truths About Race in America (Encounter Books 2021), that follows up on the book he wrote with Richard Hernnstein, The Bell Curve (1994). That magnificent work blew the top off of racial debates in America by its in-depth analysis of racial cognitive ability (IQ) differences and socio-economic mobility of Americans and factors that are associated with success in life.
Former Atlanta mayor Bottoms says she
was turned away from steakhouse for wearing leggings
22 replies
Posted by Ribicon 4/16/2022 5:33:15 PM Post Reply
Former Atlanta mayor Keisha Lance Bottoms said she was denied entry to an upscale steakhouse due to her attire Friday. Ms. Bottoms tweeted that she should be able to wear “mall” attire because the Capital Grille restaurant she visited is located at the Perimeter Mall in Dunwoody, Georgia. “Asked if I could sit in the bar area and was told, ‘No.’. Rules are the rules, just wonder if the woman who came in immediately after me, who I did not see come back out, was also denied service,” she wrote. Ms. Bottoms’ clothing violated the restaurant’s dress code, according to its website. “For the comfort of all guests
Post New Article