After months of resistance to the tech billionaire’s hostile takeover offer in March, the social media giant has quietly indicated that it now expects the deal to go through. Twitter has taken action to freeze share-trading for its employees through its corporate awards account.
“Twitter Inc. froze the equity awards accounts for employees on Monday as the deadline to seal a deal with Elon Musk approaches,” Bloomberg Law reported.
“The social media company updated its employee FAQ page this week to alert staff that they won’t be able to access or trade shares from the Equity Award Center,” the article adds. “The page said the change was done ‘in anticipation of the closing of the pending acquisition of Twitter by an entity controlled by Elon Musk,’ according to two people familiar with the change.”
“This freeze allows Schwab to perform final reconciliation of employee accounts” prior to close of the deal, the article notes.
Elon Musk on Tuesday showed his optimism that he would close the deal on Twitter with a tweet, which he subsequently deleted.
Another unlikely miracle. And just in time for Durham and the threat of nuclear war. Quite a precipice. The timing of this is incredible.
Hidden hand. Just because we can’t see it, doesn’t mean it’s not happening. All we are seeing is the results. If they were in control, they would have delayed this until after midterms to keep Trump away.
No shit, Trump will likely to be able to post on Twitter within a week or two. Because it was bought outright by Elon Musk. A miracle.
Would you have believed this if someone told you this would happen in 2020?
Keep praying. Miracles are happening.