NurPhoto via Getty Images Elon Musk says he’s secured $46.5 billion in financing for his Twitter bid, an important disclosure apparently meant to ease concerns about his commitment to the idea. A new SEC filing indicates that more than $20 Billion would be made from various loans to Morgan Stanley. Equity financing will bring in […]
Twitter Board Adopts Poison Pill To Fend Off Elon Musk’s Takeover Bid The topline Twitter announced Friday that it has decided to adopt a limited duration shareholder rights plan, known as a “poison pill,” in response to Tesla CEO Elon Musk’s $43 billion acquisition offer a day earlier—as the social media company prepares to resist […]
Some Analysts Downgrade Twitter Stock Amid ‘Full Blown Elon Circus’ top line As speculation continues to swirl around Elon Musk’s $43 billion offer to buy Twitter, more Wall Street analysts are downgrading shares of the social media company, remaining skeptical of the takeover bid and warning it could drag the stock lower. Uncertainty around Musk’s […]
Well, I don’t think anyone saw this coming, not in any realistic sense at least. But evidently, Elon Musk is serious about his push to better align Twitter with free speech principleswith the billionaire Tesla CEO offering a full, $43 billion hostile takeover bid for the app. As per Musk’s note to the SEC: “I […]
SOPA Images/Light Rocket via Getty Images Easy reads the crowns worn by Meta, Alphabet, Snap and Berkshire Hathaway as well as Ralph Lauren and The New York Times Co. Twitter has a lower percentage. Why’s it better for the company chieftans at Meta and the others? Their firms have dual-share classes, two types of stocks […]