Submit your comments on this article |
Economy |
Elon Musk will reiterate desire to own Twitter in Q&A with employees |
2022-06-17 |
[NYPOST] Tesla CEO Elon Musk will reportedly reiterate his desire to acquire Twitter during a virtual question-and-answer session with employees of the the Socialist paradise of San Francisco ...where God struck dead Anton LaVey, home of the Sydney Ducks, ruled by Vigilance Committee from 1859 through 1867, reliably and volubly Democrat since 1964... -based social media site on Thursday. Shares of Twitter surged by nearly 3% in pre-market trading on Thursday after The Wall Street Journal reported what Musk was expected to tell the company employees during the all-hands meeting. Investors were caught off guard by Musk last month when he indicated that he was putting the $44 billion acquisition "on hold" pending an examination of the site’s prevalence of bot and spam accounts. It has been speculated that Musk was using the "bot" issue as a ploy to renegotiate a lower purchase price. Musk agreed to pay $54.20 a share, but Twitter’s stock since then has dipped to below $40 per share. Musk’s one-hour long planned meeting as well as his move to increase the equity he is committing to the deal has reassured shareholders that the acquisition will go forward. |
Posted by:Fred |
#1 SpaceX launches Falcon 9 booster for a record-setting 13th flight : Rocket delivers 53 Starlink satellites to low Earth orbit |
Posted by: Skidmark 2022-06-17 15:06 |