Twitter bosses tell workers Elon Musk
takeover IS moving ahead as planned and
that they won't lower $54.20-a-share price
after he claimed app was filled with fake
users - but embattled Tesla CEO says execs
KNOW they have more bots than they are
admitting to
Daily Mail (UK),
by
Harriet Alexander
Original Article
Posted By: Imright,
5/19/2022 8:35:13 PM
Twitter will still be sold to Elon Musk, executives at the social media giant said on Thursday - despite Musk's claim last week that the deal was 'on hold' amid his repeated questioning of the company's user numbers.Asked initially why he wanted to buy Twitter, the South African billionaire said it was to promote free speech, and that he intended to 'clean up' Twitter, and get rid of spam and bots. Then, on Friday, he said that the $44 billion deal was 'temporarily on hold' until Twitter could prove that less than 5 percent of its users were fake or spam accounts.
Reply 1 - Posted by:
Flyball Dogs 5/19/2022 8:46:46 PM (No. 1160412)
I didn’t realize Musk is “embattled.”
22 people like this.
Reply 2 - Posted by:
MissNan 5/19/2022 9:13:52 PM (No. 1160430)
I would take what those bosses say with a grain of salt.
21 people like this.
Reply 3 - Posted by:
stablemoney 5/19/2022 9:17:47 PM (No. 1160437)
I have never witnessed a takeover that was not contingent up the successful completion of due dilligence. Musk's partners would definitely require it. Lying to the SEC by Twitter executives is a felony, so maybe they should take this a lot more seriously.
36 people like this.
Reply 4 - Posted by:
DVC 5/19/2022 10:03:08 PM (No. 1160478)
SEC fraud is a felony.
27 people like this.
musk should stick to his guns on this one - almost certain that he will find
actual accounts far less than advertised
19 people like this.
Reply 6 - Posted by:
mifla 5/20/2022 5:12:51 AM (No. 1160622)
The Twitter execs are jumping ship for a reason.
18 people like this.
Reply 7 - Posted by:
Dodge Boy 5/20/2022 8:56:23 AM (No. 1160748)
Interesting lefty bias, Harriet. But a few things - tweeter's execs don't make the decision of lowering the offered share price Musk has made. Musk is taking over tweeter not the other way around. After Musk completes his due diligence and determines what percentage of users are bots, the price will be lowered and tweeter's board of directors will be required to accept it. If they don't accept it, aren't they then exposing themselves and the rest of tweeter's executive team to corporate fraud.
13 people like this.
Reply 8 - Posted by:
smokincol 5/20/2022 9:38:32 AM (No. 1160805)
Elon Musk and our President, Donald J. Trump are cut from the same cloth and if you grab either one of them by the tail it might be the last thing you do in this life
12 people like this.
Reply 9 - Posted by:
Speedypetey 5/20/2022 10:22:14 AM (No. 1160859)
Everyone on the replies are correct. Twitter management lied in the SEC disclosure and that is fraud. Where are the charges and arrests? If independent Internet traffic monitoring organizations are correct then 30% fake traffic, 49% on traffic to or for dementia Biden, the actual value, nothing to do with intrinsic, goodwill or brand, should be far less.
7 people like this.
Reply 10 - Posted by:
little guy 5/20/2022 10:36:26 AM (No. 1160876)
Let's see the full disclosure of the Board of Twitter secretly buying their own stock in dummy corporations for 30 bucks and then hoping to dump all shares on Musk for almost twice as much!
If I offer to buy your race car for a million dollars and you then refuse to open the hood and let my mechanic test drive it --- we are parting ways!
11 people like this.
Reply 11 - Posted by:
Zigrid 5/20/2022 10:49:41 AM (No. 1160886)
Me thinks Elon Musk is a warrior...and not inclined to settle for crumbs thrown out by the Washington swamp criminals...he is a businessman ...just like President Trump...who gets a job done...unlike the obama/biden fools who can't do anything right....fools who travel in their private jets...and attend cocktail parties...and spend taxpayer's money...enough already!!
10 people like this.
Reply 12 - Posted by:
Rumblehog 5/20/2022 11:40:04 AM (No. 1160939)
The Twitter "bosses" don't set the sale price, so why are they telling employees that? To keep them around a bit longer? Nothing about Twitter is normal, per corporate America. It's Alien World.
8 people like this.
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