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.
Kek, frens you have to see the image Musk posted before he took it down.
If don't want to go to that page or read article, here's the image...
https://files.catbox.moe/q6agmz.jpg
LOL that picture of Trump
https://greatawakening.win/p/15K6Sur2t5/elonin-retrospect-it-was-inevita/
Dayum.
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.
I can't wait for the nuclear 'reeeees' to take place.
Is he gonna let me back on? That would be so awesome.
I don't get it - how can the Deep State surrender one of their most powerful weapons?
I was sure they'd do anything to make sure this deal did not go through.
I hope free speech returns to Twitter. There were many great content creators like Mouthy Buddha for example and they were banned. Same on YouTube. Democrat/liberal censorship is disgusting.
See ya'll on Twitter on election night! Remember what paypal said...."no misinfomation!" LOL
Not sure why we’re calling this “surrendering” when Musk tried to cancel the deal and three months ago Twitter filed a lawsuit to force Musk to carry through on his initial commitment…. Looks more to me like Twitter is preparing to celebrate a victory for its shareholders, who are making out like bandits at Musk’s expense.
(Don’t be misled by Musk’s “Twitter wouldn’t take ‘yes’ for an answer” rhetoric. What actually happened is that Twitter refused to drop their lawsuit because that lawsuit is the only thing stopping Musk from reneging again if he wants)