Musk Speaking To Co-Investors As Twitter Board Adopts "Poison Pill" To Thwart Hostile Takeover

Source: https://www.zerohedge.com/markets/twitter-board-adopts-poison-pill-thwart-musk-takeover-exposing-itself-titanic-legal
Published: Apr 16, 2022
Author: Tyler Durden
Post Date: 2022-04-16 02:38:20 by Horse
Views: 988

“They would rather self-immolate than give up their censorship programs. This shows you how deeply committed they are to Orwellian control of the narratives and global discourse. Scary,”

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#1: Pinguinite    To: Horse (#0)

Yeah, I was actually wondering about that tact. He can't have more than 15%, but get a few partners in to help out and they can get a collective majority.

Pinguinite posted on 2022-04-16 02:56:28   Reply   Private Reply

#2: Esso    To: Horse, 4um (#0)

“They would rather self-immolate than give up their censorship programs. This shows you how deeply committed they are to Orwellian control of the narratives and global discourse.

That seems to be the consensus. Musk should dump his shares and crash the company.

Esso posted on 2022-04-16 08:54:25   Reply   Private Reply

#3: Esso    To: Pinguinite (#1)

Maybe you should give Musk a call and see if you could sell 4um for a couple billion.

Esso posted on 2022-04-16 09:14:29   Reply   Private Reply

#4: Pinguinite    To: Esso (#3)

Maybe you should give Musk a call and see if you could sell 4um for a couple billion.

I will resist a hostile takeover of this forum with every fiber of my being!

Pinguinite posted on 2022-04-16 11:28:23   Reply   Private Reply

#5: BTP Holdings    To: Pinguinite (#4)

I will resist a hostile takeover of this forum with every fiber of my being!

I saw that the old Liberty Post was for sale. I don't imagine you would be interested in restarting that dive.

I heard that Be A Chooser tried to post here on 4um. But he couldn't get away with what he had been getting away with on El Pee, so he left. ;)

BTP Holdings posted on 2022-04-16 11:34:00   Reply   Private Reply

#6: Pinguinite    To: Esso (#2)

That seems to be the consensus. Musk should dump his shares and crash the company.

All that would do is sink the stock prices temporarily. Certainly all the censorship, especially banning Trump who had enormous numbers of followers harms Twitter financially. If Musk gets hold of it and opens the door to political discussion, then Twitter value will go through the roof as even leftists will sign up more. Even they like bloody on- line fist fights.

If he can get some allies to buy up more shares of Twitter, then the good guys will have control over it. It's far too soon for Musk to giving up now on taking it over.

Pinguinite posted on 2022-04-16 11:35:13   Reply   Private Reply

#7: Pinguinite    To: BTP Holdings (#5)

Libertypost.org is still running as a memorial site for Sally. I don't think it's for sale, though I'm not sure how much longer it will be desired. It may come down in the not too distant future.

Pinguinite posted on 2022-04-16 11:39:00   Reply   Private Reply

#8: Pinguinite    To: BTP Holdings (#5)

I heard that Be A Chooser tried to post here on 4um. But he couldn't get away with what he had been getting away with on El Pee, so he left. ;)

More people would be a welcome thing here, though I certainly don't envy the thought of arbitrating mud fights.

Pinguinite posted on 2022-04-16 11:40:36   Reply   Private Reply

#9: Lod    To: Pinguinite (#8)

And that's what Bozo is for, let the members decide who they want to read, or not. No need for moderating at all.

Lod posted on 2022-04-16 11:54:50   Reply   Private Reply

#10: BTP Holdings    To: Pinguinite, Lod (#8)

More people would be a welcome thing here, though I certainly don't envy the thought of arbitrating mud fights.

I have several on the Bozo filter. It serves its purpose well. ;)

BTP Holdings posted on 2022-04-16 14:08:41   Reply   Private Reply

#11: StraitGate    To: Pinguinite, Esso (#1)

I wasn't sure what "poison pill" meant, but I knew the headline was too good to be true.

StraitGate posted on 2022-04-16 14:27:09   Reply   Private Reply

#12: Pinguinite    To: StraitGate (#11)

I wasn't sure what "poison pill" meant, but I knew the headline was too good to be true.

No, they aren't committing suicide. At least not with this. Presumably Musk knows the corporate battle tactics reasonably well, and will counter some way, some how. The obvious is to get allies to buy up similar massive portions of Twitter. He doesn't even need a majority. If he has 30% say in company direction, he'd only need an allied vote of an additional >20% out of the remaining 70% to win.

Pinguinite posted on 2022-04-16 15:19:06   Reply   Private Reply

#13: BTP Holdings    To: Pinguinite (#12)

Presumably Musk knows the corporate battle tactics reasonably well, and will counter some way, some how. The obvious is to get allies to buy up similar massive portions of Twitter. He doesn't even need a majority. If he has 30% say in company direction, he'd only need an allied vote of an additional >20% out of the remaining 70% to win.

It has everything to do with tactics. ;)

BTP Holdings posted on 2022-04-16 15:35:33   Reply   Private Reply

#14: Dakmar    To: Pinguinite (#4)

More people would be a welcome thing here, though I certainly don't envy the thought of arbitrating mud fights.

Let me know if I can help discourage the attention of any undesirable element. :)

Dakmar posted on 2022-04-16 16:31:40   Reply   Private Reply