Buy Twitter
Twitter rees
Withdraw offer because bots
Twitter files suit
Either go to disclosure or sell cheaper
Offer cheaper price
Elon buys
Now Elon owns Twitter before mid-terms. 👀👀👀
I promise they weren’t expecting him to accept and they were hoping a trial would drag beyond midterms.
No coincidence his text conversation pertaining to Twitter was leaked last week and now he closes the deal.
They just got skullf**ked.
One thing I’m confused about is why Twitter is selling. Everyone keeps saying what a powerful platform it is, especially so close to the midterms, so why does the Deep State want to let it go? What am I missing?
To reject deal would to breach fiduciary duty - board must act in shareholders' best interest.
Twitter is CIA, so it wasn't there to make money. Revenue is tiny. Which made the company affordable. CIA needed to protect their asset with profits. They didn't. And they've been tortured about their fate for months, so there is a lot of LOL for everyone good.
Thank you for that explanation.
They were tricked into selling. They had no choice. Elon played them like a fiddle and used the law to do it. This is a win for the constitution now let’s see what he does with the algo
"Twitter is selling" doesn't mean very much in the stock markets.
Look at it more like this:
Twitter shareholders are accepting a massive offer.
It's a hostile takeover. They don't want sell. But they are publicly traded. Elon bought onto the board and wreaked havoc from there.