WOW!! When I first read that Elon Musk was trying to buy Twitter, I thought “Yea, that sounds like a great idea, but I seriously doubt that he can get that done.” But I guess I was very wrong about that, as Elon Musk just finalized the purchase of Twitter in a deal costing $44 billion.
“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. Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated. I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans. Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it.” Elon Musk – New owner of Twitter
If free speech is allowed to make a comeback, starting on Twitter, $44 billion is a tiny price to pay! ESPECIALLY if many of the psychotic leftists follow through on their threat to leave Twitter should Elon Musk purchase the company. We hope they all leave and start their own new social media site fr psychos.
HAHAHAHAHAHAHAHAHAHA!!!!!! THE PENDULUM IS STARTING TO SWING BACK THE OTHER WAY, (AS WE KNEW IT WOULD) AND IT’S GOING TO BE BEAUTIFUL!
"Leaving Twitter" is trending as Elon Musk is in final stages of taking full ownership of Twitter
— Jack Posobiec 🇺🇸 (@JackPosobiec) April 25, 2022
I didn’t think this day could get much better, but it appears Shaun King has deactivated or deleted his Twitter account. pic.twitter.com/R1ci1eSRYW
— Election Wizard 🇺🇸 (@ElectionWiz) April 26, 2022
One good thing about Elon buying twitter is that I will *FINALLY* leave and stop being a complete menace to society on here. So it’s win win for you all really. 😂
— Jameela Jamil 🌈 (@jameelajamil) April 25, 2022
I’m going to miss the days when I could open Twitter and not see a total Trump shit show.
It will force me to decide if I ever want to open it at all.— Mary Beth Schneider (@marybschneider) April 25, 2022
In another good sign of improvement, Tucker Carlson & Mark Levin’s Twitter accounts were reinstated almost immediately after the sale was reported.
We’re back.
— Tucker Carlson (@TuckerCarlson) April 25, 2022
Thanks to new ownership, I’ve decided to come back! 😊
— Mark R. Levin (@marklevinshow) April 25, 2022
THANK YOU ELON! NOW STICK TO YOUR WORD AS A ‘FREE SPEECH ABSOLUTIST’ AND STOP THE CENSORING OF CONSERVATIVES!
Twitter, Inc. (NYSE: TWTR) today announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion. Upon completion of the transaction, Twitter will become a privately held company.
Under the terms of the agreement, Twitter stockholders will receive $54.20 in cash for each share of Twitter common stock that they own upon closing of the proposed transaction. The purchase price represents a 38% premium to Twitter’s closing stock price on April 1, 2022, which was the last trading day before Mr. Musk disclosed his approximately 9% stake in Twitter.
Bret Taylor, Twitter’s Independent Board Chair, said, “The Twitter Board conducted a thoughtful and comprehensive process to assess Elon’s proposal with a deliberate focus on value, certainty, and financing. The proposed transaction will deliver a substantial cash premium, and we believe it is the best path forward for Twitter’s stockholders.”
Parag Agrawal, Twitter’s CEO, said, “Twitter has a purpose and relevance that impacts the entire world. Deeply proud of our teams and inspired by the work that has never been more important.”
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