Quote:The Twitter and Elon Musk saga is far from over — Musk has made an offer to buy Twitter, a filing with the U.S. Securities and Exchange Commission showed.

The billionaire has said he is willing to pay $54.20 per share to buy 100% of the company. It would be an all-cash offer that values the social network at $43.4 billion.

“I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy,” Elon Musk wrote in an email to Bret Taylor, Twitter’s chairman of the board (and Salesforce co-chief executive). The email was reproduced in today’s SEC filing. “However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.”

“As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced. My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder,” he added.

Quote: $43 Billion

Quote:“Board salary will be $0 if my bid succeeds, so that’s ~$3M/year saved right there,” Musk tweeted in response to a user’s post criticizing the board.

(04-19-2022, 03:52 PM)K0ng Wrote: https://globalnews.ca/news/8767422/elon-musk-twitter-board-poison-pill/

Quote:“Board salary will be $0 if my bid succeeds, so that’s ~$3M/year saved right there,” Musk tweeted in response to a user’s post criticizing the board.

(04-21-2022, 10:34 PM)K0ng Wrote: timeline .. somewhat ... https://fortune.com/2022/04/20/elon-musk-twitter-most-influential-investor-timeline/