I am OVER THE MOON about this!!
Reports are now circulating that claim Twitter’s board of directors has unanimously voted to recommend Elon Musk’s $44 billion buyout offer to Twitter shareholders.
It remains to be seen if Musk will follow through on the initial offer or if he will seek a steep discount…
We previously reported that Musk was hesitant to buy the company for the agreed-upon price due to massive ‘irregularities’ in the number of reported automated bot accounts…
No matter what price he ends up purchasing Twitter for, one thing is certain: leftist heads are set to explode in frustration and rage.
Here are the latest developments:
— Tom Fitton (@TomFitton) June 21, 2022
Twitter's board approves @elonmusk's bid of $44 billion in a unanimous decision. Leftist minds are definitely going to explode.
— Steven Crowder (@scrowder) June 21, 2022
Washington Examiner provides the official statement from the board’s filing:
“Twitter’s Board of Directors, after considering the factors more fully described in the enclosed proxy statement, unanimously determined that the merger agreement is advisable and the merger and the other transactions contemplated by the merger agreement are fair to, advisable, and in the best interests of Twitter and its stockholders,” the company said in the filing.
— ⚤🌻𝔹𝕝❀𝕟𝕕𝕚𝕖🌻⚤ (@Sunshinegirl754) June 21, 2022
Twitter’s board unanimously approves Elon Musk’s $44 billion takeover bid. Cue gnashing of teeth and rending of garments at the Ministry of Truth
— Miranda Devine (@mirandadevine) June 21, 2022
Daily Mail explains:
A simple majority of shareholders would have to vote to approve Musk’s offer for the deal to take effect.
If the deal were to close now, investors in the company would pocket a profit of $15.22 above market prices for each share they own.