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What a clown. Probably made the offer knowing it won't get accepted anyway. Then sells his shares at a nice profit and goes on with his day. That said, it woul
by michelb 5y ago
What a clown. Probably made the offer knowing it won't get accepted anyway. Then sells his shares at a nice profit and goes on with his day.
That said, it would be interesting to see how Musk would destroy Twitter, instead of seeing Twitter continue to do it themselves.
- gonzo41 5y agoHow is that not market manipulation? Isn't this sort of thing regulated?
- baq 5y agowouldn't be the first fine he got from the SEC... he'll get the laws changed at some point if he keeps being himself, maybe that's half the point?
- rcstank 5y agoWhy would he get a fine from the SEC? He filed this takeover with the SEC in the first place. He's following all of their rules.
- qsi 5y agoBecause he filed the takeover offer with the SEC (the regulator) today. This is the way it should be done.
- BukhariH 5y agoHe made the offer at a 40% premium on the April 1st close. Twitter is a dying social network - sounds like a pretty good deal.