https://www.prnewswire.com/news-releases/elon-musk-to-acquire-twitter-301532245.html
(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."
"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," said Mr. Musk. "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."
An African-American just paid $44 billion dollars to purchase Twitter. This is amazing news, as it shows how far we have come socially.
Free speech and democracy are both silly concepts on merit. The entire premise of free speech is the ability to be able to say things that people hate.
Democracy is even sillier, as it gives the dumbest people the same opinion as the smartest people. Not sure who came up with that idea, but either they were dumb or knew dumb people that they wanted to see vote. Nobody of even moderate intelligence would think it's a good idea to give dumb people the same intellectual value as smart people.
Essentially, democracy was the foundation for equality. And equality is even dumber than free speech and democracy. It's like the proponents of equality don't even know what it means.
For the record, equality is relevant in mathematics, not biology. No serious person can look at two unequal things and say they are equal.
It seems this is a reoccurring theme among radical leftists. They just say stuff and they have no idea what it means. Like the Jewish guy who said that voting Republican is a threat to democracy.
It couldn’t be more simple. A vote for Republicans is a vote to destroy Democracy.
— Rob Reiner (@robreiner) April 20, 2022
That's where we are at. People who are pro-democracy think that if you vote for the person they don't like then it's a threat to democracy. Democracy is just gibberish at this point.
But hey! At least we have equality now that an African-America has bought twitter. So that should eliminate the term "racist" from the public vocabulary.
Speaking of which, it always seemed like the word "racist" was just the "n word" for white people, did it not? I mean, they basically had the exact same effect. You see a black guy attacking people violently or stealing stuff and you call him the "n word." Then, for calling a black person the "n word" for acting like an "n word" you get called the "r word" and beat up by "n words."
It's all just confusing. But, at least we are all equal now. Even if we look different. Act different. Think different. Talk different. Smell different. None of those things matter, because since blood is red, we are all exactly the same.
I wonder why the person who came up with the idea of human equality didn't realize that either he had an original thought, which made him unequal. Or everyone else had the exact same thought he had at the exact same time.
You would think if human equality was a biological phenomenon that you wouldn't have to use "hate speech" against people who look at human differences and say, "hold on, this guy is 300 lbs and has an IQ of 70 and really dark skin and nappy hair and this lady is 95 lbs with red hair and pale skin with an IQ of 140. They don't seem the same to me. What am I missing?"
Have a great day!
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