Originally Posted by DaFace:
Yeah, my concern is that they'll essentially tell him to fuck off, and in that scenario, it would likely cause a short-term sell-off in panic.
Fair.
Originally Posted by chiefforlife:
Its a little over 46 right now. Elon is offering 54.20 a share?
A) Why would they not take that offer?
B) Wouldnt the share holders get the 54.20 for their shares?
Seems like easy money? No?
But you lose your job. No need for a board of directors of a private company. And probably most of management too. [Reply]
Originally Posted by Buehler445:
But you lose your job. No need for a board of directors of a private company. And probably most of management too.
I certainly don't have a great feel for everything that goes into such a decision, but I have to imagine that someone who says, "I'm buying you out, but I'm immediately going to completely shut down the entire thing" would be told to go pound sand. Elon's not that extreme, but it seems pretty clear he's doing this because he wants to change some of the fundamental philosophies of Twitter. I'm just not sure how the board will handle it. [Reply]
Originally Posted by DaFace:
I certainly don't have a great feel for everything that goes into such a decision, but I have to imagine that someone who says, "I'm buying you out, but I'm immediately going to completely shut down the entire thing" would be told to go pound sand. Elon's not that extreme, but it seems pretty clear he's doing this because he wants to change some of the fundamental philosophies of Twitter. I'm just not sure how the board will handle it.
54/share vs corporate raid I believe I’d have the conversation.
The boards fiduciary responsibility is to maximize returns for the shareholder, remember.
I’m guessing Musk knew it wouldn’t work but he was trying to shortcut the process of buying more shares to get a seat to force a sale.
They were saying on MNBC today that even though Elons offer was over the current share price it was still undervalued. They won't accept that. I for one hope he gets his hands on twitter just to change things back to free speech. [Reply]
Originally Posted by Hog's Gone Fishin:
They were saying on MNBC today that even though Elons offer was over the current share price it was still undervalued. They won't accept that. I for one hope he gets his hands on twitter just to change things back to free speech.
I've historically been very pro-free speech. Then I went into the "Russia Invades Ukraine" thread in the DC forum and now I'm not so sure. [Reply]
This is a REIT, not a multi-level marketing company.
Here is their latest investment this week.
The Palmer at Carolina Forest-Rental home community on the South Carolina coast
This investment fits into our broader strategy to invest in affordably priced rental housing across the Sunbelt.
Single-family rentals in Myrtle Beach, SC
Investment size
$22,601,000
Status
Active
I invest in solid companies with solid and steady growth, but keep on chasing meme stocks. :-) [Reply]
