![]() "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," Musk said in a statement. The sentiment was recently shared on Twitter following a. The deal finally culminated Twitter's run as a public company since its 2013 initial public offering. Tesla CEO Elon Musk wants to know how his 15 billion in taxes will be used by the US government. Under pressure, Twitter started negotiating with Musk to buy the company at the proposed $54.20 per share price. While the poison pill would have prevented Twitter shareholders from tendering their shares, the company was worried that its negotiating hand would have weakened considerably if it was shown to be going against the will of many of its investors. In response, Musk had threatened to launch a tender offer that he could use to register Twitter shareholder support for his bid, Reuters reported.Ī concern that Twitter's board weighed was that unless it sought to negotiate a deal with Musk, many shareholders could back him in a tender offer. ![]() Breaking: Elon Musk Banned Megan Rapinoe From Twitter. The Tesla and SpaceX CEO agreed to buy the company earlier this year, but has since expressed. The cuts come as Musk attempts to improve the company’s bottom line after taking out. Elon Musk addressed Twitter employees on Thursday ahead of his 44 billion acquisition of the company. Twitter adopted a poison pill after Musk made his offer to prevent him from raising his more than 9 per cent stake in the company above 15 per cent without negotiating a deal with its board. 15 Facebook post ( direct link, archive link) claims an outspoken female athlete was banned from a popular social media platform. Twitter had about 7,500 workers prior to Musk’s takeover, meaning roughly 3,700 employees were laid off. Discussions over the deal, which last week appeared uncertain, accelerated over the weekend after Musk wooed Twitter shareholders with financing details of his offer.
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