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<\/p>\r\nExplaining the reasons for his move, Musk has said he wants to see Twitter adopt more of a \u201cfree speech\u201d culture, referring to the social-media giant as \u201cthe de facto public town square.\u201d As he tweeted earlier this week: \u201cA social media platform\u2019s policies are good if the most extreme 10% on left and right are equally unhappy,\u201d<\/p>\r\n
The filing came a week after Musk\u2019s hostile takeover proposal in which he’d offered to buy Twitter\u2019s common stock for $43 billion. According to the filing, Musk is exploring the possibility of making a tender offer to buy shares (at $54.20 apiece) from individual stockholders. The move was met by a \u201cpoison pill\u201d from Twitter\u2019s board, aimed at preventing such a hostile takeover. Some analysts think the poison pill move will make it more difficult for Musk to achieve his aims without some concessions.<\/p>\r\n
A spokesperson for Twitter was quoted as saying that \u201cthe board is committed to conducting a careful, comprehensive and deliberate review to determine the course of action that it believes is in the best interest of the company and all Twitter stockholders.\u201d<\/p>\r\n
As of Thursday afternoon, Twitter\u2019s stock had risen about twenty percent since Musk\u2019s proposals.
<\/p>\r\n","protected":false},"excerpt":{"rendered":"
From Tesla to SolarCity to SpaceX, the scent of musk seems pervasive in the world of high-tech these days. Now it\u2019s wafting into the lucrative world of social media. online pharmacy buy abilify with best prices today in the USA \u00a0The Twitterverse was all twittery today with the news that mega-kajillionaire Elon Musk had apparently…<\/p>\n","protected":false},"author":3,"featured_media":9827,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[32],"tags":[8600,8601,6793,8599,8597,6794,8598,8596],"acf":[],"yoast_head":"\n
Elon Musk Has Secured the Money to Buy Twitter | Cinema Daily US<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cinemadailyus.com\/?p=9804\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elon Musk Has Secured the Money to Buy Twitter | Cinema Daily US\" \/>\n<meta property=\"og:description\" content=\"From Tesla to SolarCity to SpaceX, the scent of musk seems pervasive in the world of high-tech these days. 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