Elon Musk has terminated his agreement to purchase Twitter for $44 billion.

Discussion in 'Wall St. News' started by 2022TheEndGame, Jul 8, 2022.

  1. Nobert

    Nobert

    You know that a place isn't a good place to stay, when they cancel folk like J.Peterson.
    Man has a bright-million(s) sized community following him. So all that there's left for TWTR is bots and fools.
     
    #11     Jul 9, 2022
    Grantx likes this.
  2. Good1

    Good1



    Starting at 13:15 H.A. Goodman does another excellent job explaining just why Twitter is worse than a complete waste of time, and why he stopped using it in 2018.

    Kimmel used to have a funny thing he would do with celebrities called "Mean Tweets". Now celebrities are being banned for saying things less mean than any of those tweets ever were toward them.
     
    #12     Jul 9, 2022
    Nobert likes this.
  3. Now Twitter's share price is 36% lower than the level at which Elon Musk was guided when discussing the deal ($54.20 per share). The billionaire had managed to buy a large block of shares in the company by April, preparing for the deal, but now it is not quite clear what he will do about these assets. It is possible that all the steps Musk is taking are aimed at reducing Twitter's capitalization in order to buy the company at a lower price against the original $44 billion. The legal proceedings may lead the parties to this outcome as well, which the rebellious buyer himself may not be unaware of.
     
    #13     Jul 9, 2022
  4. Pekelo

    Pekelo

    Last edited: Jul 9, 2022
    #14     Jul 9, 2022
  5. SunTrader

    SunTrader

    LOL wingnuts were all excited "Free Speech, except about him" Musk was buying Twitter.

    Now it's flipped to look at the price of Twitter .........as Wall Street prices in takeover not happening.

    The street doesn't give a fack who gets banned from the platform. Money, money is all they care about.
     
    #15     Jul 9, 2022
  6. Just in ? that was old news by the time you posted it .
     
    #16     Jul 9, 2022