Saturday, April 23, 2022

After Twitter Rejects Musk Offer, DeSantis Jumping in with Musk to Make Twitter an Offer It Can't Refuse

After Twitter Rejects Musk Offer, DeSantis Jumping in with Musk to Make Twitter an Offer It Can't Refuse

Wildly popular Florida GOP Gov. Ron DeSantis and self-made billionaire and entrepreneur Elon Musk are teaming up to take on one of the world’s most powerful social media platforms.

Musk’s recently announced he would be attempting to purchase 100 percent of Twitter in a bid to create a true free-speech platform. Musk offered to buy Twitter in its entirety at $54.20 per share, a 54 percent premium on the shares’ actual value. Twitter’s board of directors — which has led the company to adopt numerous left-wing-biased censorship policies — has fought back by initiating a “poison pill,” a method of diluting Musk’s shares in order to weaken his current standing.




No comments: