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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTwitter Re-Examines Elon Musk's Bid, May Be More Receptive to a Deal
Two sides are meeting Sunday to discuss takeover bid, people familiar with the matter sayTwitter Inc. TWTR 3.93% is re-examining Elon Musks $43 billion takeover offer after the billionaire lined up financing for the bid, in a sign the social-media company could be more receptive to a deal.
Twitter had been expected to rebuff the offer, which Mr. Musk made earlier this month without saying how he would pay for it. But after he disclosed last week that he now has $46.5 billion in financing, Twitter is taking a fresh look at the offer and is more likely than before to seek to negotiate, people familiar with the matter said. The situation is fast-moving and it is still far from guaranteed Twitter will do so.
Twitter is still working on an all-important estimate of its own value, which would need to come in close to Mr. Musks offer, and it could also insist on sweeteners such as Mr. Musk agreeing to cover breakup protections should the deal fall apart, some of the people said.
https://www.wsj.com/articles/twitter-re-examines-elon-musks-bid-may-be-more-receptive-to-a-deal-11650822932?st=zti46j146r8a8cm&reflink=desktopwebshare_permalink
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Twitter Re-Examines Elon Musk's Bid, May Be More Receptive to a Deal (Original Post)
former9thward
Apr 2022
OP
The app/site will see a mass exodus if he buys it. People do not want another Parler.
LonePirate
Apr 2022
#3
I hate to cancel my twitch account as its the only site I use to keep track of friends, ect...
yaesu
Apr 2022
#4
I ditched Facebook when the depth of their complicity in mass murder, misinformation, and
Comfortably_Numb
Apr 2022
#5
gab13by13
(21,379 posts)1. Another oligarch moving us to autocracy.
Joinfortmill
(14,446 posts)2. This is not a good idea.
LonePirate
(13,429 posts)3. The app/site will see a mass exodus if he buys it. People do not want another Parler.
There is a reason Parler, Gettr and Truth Social are failures and if Musk tries to make Twitter like them, the site will fail.
yaesu
(8,020 posts)4. I hate to cancel my twitch account as its the only site I use to keep track of friends, ect...
but if Musk gets his greedy fascist hands on it imma all done with it.
Comfortably_Numb
(3,810 posts)5. I ditched Facebook when the depth of their complicity in mass murder, misinformation, and
spying became crystal clear. That was four years ago. I have a Twitter account to follow a few progressives tweets, but Ill shit can Twitter if that ridiculous asshat, manbaby buys it. Hell, I get most of my Twitter need right here on DU anyway.
roamer65
(36,747 posts)6. Glad I ditched Facef**k and twittler over a year ago.
Hoyt
(54,770 posts)7. Would like to see what Musk does with it. Not like major shareholders now
are altruistic, fair, Democratic, etc.