1 of 1- Spunky
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- Registered: 8/06/2015
- Posts: 12,366
Elon Musk says his deal to buy Twitter is on hold
Elon Musk said he is putting his bid to acquire Twitter (TWTR) on hold, weeks after agreeing to take the company private in a $44 billion deal."Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users," Musk tweeted today.
The news initially sent Twitter shares down more than 20% in pre-market trading before the stock rebounded somewhat. Two hours after his first tweet, Musk posted that he is "still committed to acquisition."
In his tweet about putting the deal on hold, Musk linked to a May 2 Reuters reportabout Twitter's most recent disclosure about its spam and fake account problem.
- zeke
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- Registered: 8/10/2015
- Posts: 9,383
Re: Elon Musk says his deal to buy Twitter is on hold
The media: I can hardly care about this guy or Twitter. I’m so sick of super rich people grabbing headlines in the news and people actually giving them undeserved attention. DT is another one. Just go away!
I’d rather hear about the man who lost his life at the Tops in Buffalo, saving the lives of others.
Or young kids who start fundraisers ti help people in need.
Or people doing whatever they can to get formula to parents who are in need for their babies.
It’s a rant day!!
- zeke
- Moderator
Offline
- Registered: 8/10/2015
- Posts: 9,383
Re: Elon Musk says his deal to buy Twitter is on hold
The media: I can hardly care about this guy or Twitter. I’m so sick of super rich people grabbing headlines in the news and people actually giving them undeserved attention. DT is another one. Just go away!
I’d rather hear about the man who lost his life at the Tops in Buffalo, saving the lives of others.
Or young kids who start fundraisers to help people in need.
Or people doing whatever they can to get formula to parents who are in need for their babies.
It’s a rant day!!
