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This question and a lot of the replies I think are really caused by a failing of news media to set explain what’s happening, and set expectations. Unless twitt
by tinalumfoil 4y ago
This question and a lot of the replies I think are really caused by a failing of news media to set explain what’s happening, and set expectations.
Unless twitter had some crazy annual report under its sleeve there was no way anyone was valuing it at over 54.20. That doesn’t mean that the board has to accept that offer and it doesn’t mean they have to take any Jack or Jill that makes that offer seriously. But it does mean if someone who can clearly afford it shows serious interest the deal will probably, at least possibly, happen.
The poison pill was never a rejection of the 54.20 or price. If you read something that gave you that impression go back and look up the author, and never read them again. They did you a disservice.