Title: "Best And Final Offer" - Elon Musk Offers To Buy Twitter For $54.20 Per Share Source:
[None] URL Source:https://www.zerohedge.com/markets/b ... -offers-buy-twitter-5420-share Published:Apr 14, 2022 Author:Tyler Durden Post Date:2022-04-14 07:43:44 by Horse Keywords:None Views:1110 Comments:14
"Twitter has extraordinary potential. I will unlock it."
I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy.
However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.
As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced. My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder.
Twitter has extraordinary potential. I will unlock it.