4 ms·
WSJ has an article about it this morning: https://www.wsj.com/articles/how-elon-musk-won-twitter-11650943029 https://www.wsj.com/articles/how-elon-musk-won-twi
by ksherlock 5y ago
WSJ has an article about it this morning:
https://www.wsj.com/articles/how-elon-musk-won-twitter-11650943029 https://www.wsj.com/articles/how-elon-musk-won-twitter-11650...
freelink:
https://www.wsj.com/articles/how-elon-musk-won-twitter-11650943029?st=7voc5g06cna6tp8&reflink=desktopwebshare_permalink https://www.wsj.com/articles/how-elon-musk-won-twitter-11650...
tldr:
- Making an offer without financing was a 4-D chess negotiating tactic
- Nobody else stepped in to buy it
- Musk was lining up support from other top shareholders
- Twitter's bankers told them it was a good deal