Elon Musk agrees to buy Twitter again ... For Original $44 Bil Price!!!

[Nebulous]

Source: https://www.tmz.com/2022/10/04/elon-musk-twitter-deal-agree-tesla-ceo/

ELON MUSKAGREES TO BUY TWITTER (AGAIN) ...For Original $44 Bil Price!!!​

Elon Musk has a great way to end his legal war with Twitter ... he's finally ready to close his OG $44B offer to purchase the company.

According to multiple reports, Elon's lawyers sent his proposal in a letter Sunday ... saying he "intends to proceed to closing of the transaction contemplated by the April 25, 2022 Merger Agreement" -- meaning he's looking to wrap up the deal at the original price of $54.20 per share.

Twitter responded to the news ... saying, "The intention of the Company is to close the transaction at $54.20 per share."
https://www.tmz.com/2022/05/13/elon-musk-44-billion-twitter-deal-temporarily-hold-stock-down/
Sounds like a done deal, especially because shareholders had already put their stamp on the deal, and so did government regulators. As we reported, Elon proposed his big-ticket offer back in April ... only to reverse course a month later and attempt to torpedo the deal.

He claimed the company had not complied with its contractual obligation to hand over business info he'd requested, and complained that Twitter grossly understated the number of spam bots on its platform.





Twitter, of course, wanted to hold him to the deal, and filed a lawsuit hoping to force him to do so.
The trial was set to begin later this month, but if Elon's change of heart is legit ... there won't be any need to go to court.

Thoughts? Do you care who owns Twitter?

 

[Page]

Maybe, it has been mentioned that he might buy it again or not. It has not been confirmed. I mean I hope NOT

He wants all the hate to return again and be one-sided ;( Turn it into something that it's not and make people get banned for saying the right thing. To much woke and politics

 

[Linzii]

He's paying an awful lot of money just to get that kid to stop tracking his jet...

 

[MrDawn]

No. I don't care. Because I don't use Twitter anyway lol

 

[zappaDPJ]

I also fall into the don't particularly care camp as I don't subscribe to that type of social media.

 

[Page]

No. I don't care. Because I don't use Twitter anyway lol

That's a good thing too 🙂

 

[Nomad]

I use twitter, I don' care who owns Twitter as long as there is free speech.

 

[Deleted member 59802]

Since I left that toxic platform after 2 years, I just say let him run it six feet under. Besides, he's still under investigation.

 

[TheRedAngel]

Twitter got what was coming to be honest. That place was far too toxic for it's own good.

 

[Kale]

I use the platform but get zero engagement or anything on my posts. Twitter is not a good platform IMO for various reasons.

 

[Cam]

It’s been… interesting so far. Wonder what new social media platform will replace Twitter.

 

[Carlos X]

It’s been… interesting so far. Wonder what new social media platform will replace Twitter.

It's not gonna be replaced. Musk bought it, and he is just going through a hard time. We just need to give him time. But there's no real replacement. Gettr is the closest one to that. Parler is garbage. It's being bought out by Kanye, but I don't see anything change there. I found some odd "glitch."

 

[zappaDPJ]

Nothing lasts forever. Forums have had a tough time of it and now many of the other major social platform types are in decline. Zuckerberg's empire has had hundreds of billions of dollars wiped away and Musk's takeover of Twitter has caused chaos resulting in advertisers and its so called power users to back off.

Both may survive but they will need to adapt to do so and I highly doubt either will ever climb their way back up to previous levels of success. Something else will come along to fill the void and who knows, maybe forums will get a second wind 🙂

 

[Demon_skeith]

Be pretty bad if Twitter did vanish over night since so many use it for a news outlet. Now where did my popcorn go? 😛