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JUST IN: The Wall Street Journal is reporting that Twitter is now “MORE LIKELY” to talk turkey with Elon Musk. The HUGE offer is a gigantic win for shareholders, so the board is either caving to public pressure or internal pressure in reconsidering their initial idea to be total morons.
Twitter is re-examining Elon Musk’s $43 billion takeover bid after he lined up financing, a sign the company may be more open to a deal, people familiar say https://t.co/ojJqHledR1
— The Wall Street Journal (@WSJ) April 24, 2022
They are meeting TODAY!
From the article:
Twitter Inc. TWTR 3.93% is re-examining Elon Musk’s $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. Musk’s 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.
The two sides are meeting Sunday to discuss Mr. Musk’s proposal, the people said.
If Musk buys Twitter and relaxes the rules it will be incredibly beneficial to people all over the world, but especially in the United States. Wresting control of institutions from the left is a top priority for taking back America from the clutches of the totalitarian woke leftist socialist tyrannical racially divisive indoctrinating MOBS.
Cross your fingers.