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BREAKING: Saudi Shareholder of Twitter Declines Musk’s Offer – Twitter Stock is Tumbling

 
EXPLAINS DORSEYS HABIB LOOK
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04/14/2022 02:31 PM
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BREAKING: Saudi Shareholder of Twitter Declines Musk’s Offer – Twitter Stock is Tumbling
[link to www.survivethenews.com (secure)]

The Saudi shareholder of Twitter has rejected Elon Musk’s ask to purchase the company as reported this morning. Now Twitter’s stock is tumbling.

TGP reported this morning that Elon Musk made an offer for the Big Tech giant.



Now Zerohedge is reporting the following:

Having surged higher on Musk’s initial bid, TWTR shares have now plunged back to earth and erased all the day’s gains as investors either a) take profits on Musk-driven spikes, or b) dump the stock in anticipation of the board’s rejection and the subsequent liquidation of Musk’s holdings…

Moments ago, the Saudi prince who has a large stake in Twitter announced that Musk’s proposal to purchase the company was too low.

I don’t believe that the proposed offer by @elonmusk ($54.20) comes close to the intrinsic value of @Twitter given its growth prospects.

Being one of the largest & long-term shareholders of Twitter,
Anonymous Coward
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04/14/2022 02:32 PM
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Re: BREAKING: Saudi Shareholder of Twitter Declines Musk’s Offer – Twitter Stock is Tumbling
Saudis? How nice. No wonder we've been sold like cheap underwear


jihad2jihad
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04/14/2022 02:35 PM
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Re: BREAKING: Saudi Shareholder of Twitter Declines Musk’s Offer – Twitter Stock is Tumbling
So now we know why muslim terrorists are allowed to have a twitter account and Trump does not.
Anonymous Coward
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04/14/2022 02:38 PM
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Re: BREAKING: Saudi Shareholder of Twitter Declines Musk’s Offer – Twitter Stock is Tumbling
I had no idea that the company had a Saudi prince as a large shareholder or majority shareholder or whatever. WTF? That's the problem with gazillion-dollar publicly traded companies these days. You don't know who actually calls the shots. There's something very wrong when any business is created, developed, and grown into a behemoth in the U.S., and someone in another country ends up having influence or control over it.
Anonymous Coward
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04/14/2022 02:39 PM
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Re: BREAKING: Saudi Shareholder of Twitter Declines Musk’s Offer – Twitter Stock is Tumbling
I had no idea that the company had a Saudi prince as a large shareholder or majority shareholder or whatever. WTF? That's the problem with gazillion-dollar publicly traded companies these days. You don't know who actually calls the shots. There's something very wrong when any business is created, developed, and grown into a behemoth in the U.S., and someone in another country ends up having influence or control over it.
 Quoting: Anonymous Coward 73939125


How does a guy who owns 5% get to reject the guy who owns 9%??
Anonymous Coward
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04/14/2022 02:41 PM
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Re: BREAKING: Saudi Shareholder of Twitter Declines Musk’s Offer – Twitter Stock is Tumbling
Musk is genius.
He may not even be truly interested in twitter, but he is doing a good job of exposing all of the foriegn and enemy countries that own stock in hating america and europe and white christian men...
Anonymous Coward
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04/14/2022 02:43 PM
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Re: BREAKING: Saudi Shareholder of Twitter Declines Musk’s Offer – Twitter Stock is Tumbling
I had no idea that the company had a Saudi prince as a large shareholder or majority shareholder or whatever. WTF? That's the problem with gazillion-dollar publicly traded companies these days. You don't know who actually calls the shots. There's something very wrong when any business is created, developed, and grown into a behemoth in the U.S., and someone in another country ends up having influence or control over it.
 Quoting: Anonymous Coward 73939125


How does a guy who owns 5% get to reject the guy who owns 9%??
 Quoting: Anonymous Coward 79031244


drevilscreamlflash
Doctor Congo

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04/14/2022 02:44 PM

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Re: BREAKING: Saudi Shareholder of Twitter Declines Musk’s Offer – Twitter Stock is Tumbling
[link to www.google.com (secure)]

It down 3 bucks a share today, almost a whole percent.
ho hum
Anonymous Coward
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04/14/2022 02:46 PM
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Re: BREAKING: Saudi Shareholder of Twitter Declines Musk’s Offer – Twitter Stock is Tumbling
Now we know why Taliban Jack rejected many Christian and conservative websites. Twitter was majority owned by ARABS !!!

Sure, Taliban Jack and South Indian-Paki man Parag Agarwal can manipulate Twittock's algorithms but they sure do bow to their Arabic masters' biddings. If only to also control and block the Twitr account of the most popular US president of them all: Donald Trump.





GLP