Twitter is reportedly considering a so-called “poison pill” tactic to thwart Elon Musk’s effort to buy out the social media platform, sources say. Cameron Winklevoss, founder of the Gemini cryptocurrency exchange, said in a tweet that “Twitter is considering a poison pill to thwart @elonmusk’s offer,” while two anonymous sources told The New York Times…
Twitter Reportedly Mulls ‘Poison Pill’ Tactic to Foil Musk Takeover Bid
April 15, 2022
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Musk Responds to Reports Twitter Mulling ‘Poison Pill’ Tactic to Foil His Takeover Bid
April 15, 2022
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Twitter is reportedly considering a so-called “poison pill” tactic to thwart Elon Musk’s effort to buy out the social media platform, prompting a critical response from the Tesla chief. Cameron Winklevoss, founder of the Gemini cryptocurrency exchange, said in a tweet that “Twitter is considering a poison pill to thwart @elonmusk’s offer,” while two anonymous…
Elon Musk Hints Says He Has a ‘Plan B’ If Twitter Takeover Bid Unsuccessful
Tesla CEO Elon Musk has hinted at a backup plan if his bid to take over Twitter fails. Speaking at a TED event in Vancouver on Thursday, the billionaire entrepreneur said: “I am not sure that I will actually be able to acquire it.” While Musk has said his $54.20-per-share offer is his “best and final” one,…
Elon Musk Says He Has a ‘Plan B’ If Twitter Takeover Bid Unsuccessful
Tesla CEO Elon Musk has hinted at a backup plan if his bid to take over Twitter fails. Speaking at a TED event in Vancouver on Thursday, the billionaire entrepreneur said: “I am not sure that I will actually be able to acquire it.” While Musk has said his $54.20-per-share offer is his “best and final” one,…
Twitter Shares Slide After Saudi Investor Rejects Musk’s Bid for Twitter
Elon Musk’s ambitious bid to take Twitter private under his ownership has hit a roadblock as Saudi investors are rejecting the Tesla CEO’s offer, causing Twitter shares to drop and setting the stage for a bitter struggle for control of the social media giant. On Thursday, several hours after Musk announced his “final offer” to…
Twitter Shareholders Face Tough Choice After Elon Musk’s Takeover Bid
April 14, 2022
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Tesla and SpaceX CEO Elon Musk made a bid on Thursday to take Twitter private for $54.20 per share, or around $43 billion in cash, after rejecting a proposal of a board seat. Musk’s offer, which is 18 percent higher than the last closing price, is under consideration, the board said. Adam Candeub, law professor…
Elon Musk Offers to Buy Twitter and ‘Unlock’ Its Potential for Free Speech
April 14, 2022
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Elon Musk has made an offer to buy “100 percent of Twitter” for around $43 billion, according to a regulatory filing, with the tech mogul saying he wants to actualize the company’s “extraordinary potential” to become a true platform for free speech. Musk offered to buy out Twitter for $54.20 per share in cash, according…
How to Avoid Negative People
by Barton Goldsmith Tribune News Service Eight More Steps to Happiness When life hands me lemons, I do try to make lemonade, but when it hands me negative people, I usually make my way to the nearest exit. I deal with real pain in people every day. Others who just complain to be negative, I…
Elon Musk Sued by Former Twitter Shareholders Over Alleged Late Failure to Disclose Stake in Company
Elon Musk is being sued by former Twitter shareholders who claim he failed to disclose his stake in the company on time, thus preventing them from profiting when the social media platform’s stocks shot up in price. The class-action lawsuit was filed in Manhattan federal court by plaintiff and stockholder Marc Bain Rasella, who is suing on…
Twitter Shares Fall After Musk’s Board Membership Reversal
April 11, 2022
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Twitter shares fell nearly 4 percent in pre-market trading on April 11 after a surprise announcement by the company’s CEO that Elon Musk would not, in fact, become a member of the social media giant’s board of directors. “Elon has decided not to join our board,” Twitter CEO Parag Agrawal announced in a tweet late…
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