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April 21, 2022
Elon Musk Announces Plan B: Secures New Funding, Details Plan to Work Around Twitter Board
Things might be about to get wild over at Twitter. Elon Musk has been busy working out his “Plan B” since Twitter adopted its “Poison Pill” approach to thwart the billionaire’s purchase of the company. While I’m sure Musk appreciated Governor Ron DeSantis stepping into the fight on behalf of Floridians, he’s moving forward with his own plan.
According to the Daily Wire, Elon Musk has secured $46.5B to purchase the social media giant and “is eyeing a workaround since the Twitter board has been unresponsive.”
I wouldn’t say they’ve been unresponsive… They’ve certainly responded to Musk’s initial offer… It just wasn’t the kind of response one would call logical or in the best interests of the company’s shareholders.
In a securities filing, reports DW, Musk is exploring a tender offer to existing shareholders, which explains a couple of his cryptic tweets over the past few days.
For those of you who don’t get the second one, it’s Tender is the Night, a novel by F. Scott Fitzgerald (yes, he wrote more than just The Great Gatsby). It’s actually a great book.
Heads have been periodically exploding with each step taken by the Tesla CEO to take over Twitter. We can all assume there will be even more leftist meltdowns to come as the saga continues. If I’m being honest, what I’d really like to see is a video of the inside of one of Twitter’s offices, lefty computer nerds tearing out their hair, tossing keyboards limp-wristedly at walls. I think it’s safe to say we’d all like to see this.
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