<p>Twitter is facing mounting pressure from its shareholders to not allow Elon Musk&#8217;s multibillion dollar offer slip away as the company and Musk were reportedly set to meet on Sunday to talk about his offer.</p>
<p>The news comes as Musk has already stated that he will not go higher than his initial $54.20 bid per share, and he recently disclosed that he has $46.5 billion in financing ready to go to buy out the company.</p>
<p>&#8220;A concern that Twitter’s board is weighing is that unless it seeks to negotiate a deal with Musk, many shareholders could back him in a tender offer,&#8221; Reuters <a href="https://financialpost.com/pmn/business-pmn/twitter-under-shareholder-pressure-to-seek-deal-with-musk-sources-say">reported</a>. &#8220;While the poison pill would prevent Twitter shareholders from tendering their shares, the company is worried that its negotiating hand would weaken considerably if it was shown to be going against the will of many of its investors.&#8221;</p>
<p>The company has reportedly shifted gears in regard to Musk’s offer after he disclosed in a Securities and Exchange Commission (SEC) filing last week that he has the money to back up his offer.</p>
<p>“Twitter had been expected to rebuff the offer, which Mr. Musk made earlier this month without saying how he would pay for it,” The Wall Street Journal <a href="https://www.wsj.com/articles/twitter-re-examines-elon-musks-bid-may-be-more-receptive-to-a-deal-11650822932?mod=hp_lead_pos1">reported</a> on Sunday. “But after he disclosed last week that he now has $46.5 billion in financing, Twitter is taking a fresh look at the offer and is more likely than before to seek to negotiate.”</p>
<p>Reuters’ report said that the company may try to force a better deal out of Musk by showing him the company’s books or by soliciting offers from other potential buyers.</p>
<p>“I wouldn’t be surprised to wake up next week and see Musk raise what he called his best and final offer to possibly $64.20 per share,” a fund manager who is invested in Twitter told Reuters. “He could also drop the whole thing entirely. Anything is possible.”</p>
<p>The latest developments come after Musk <a href="https://www.sec.gov/Archives/edgar/data/0001418091/000110465922048128/tm2213229d1_sc13da.htm">listed</a> in a new SEC filing that he had secured $46.5 billion from three sources to buy the company, including $13 billion from Morgan Stanley, $12.5 billion from other banks, and $21 billion from himself.</p>
<p>“If our twitter bid succeeds, we will defeat the spam bots or die trying!” Musk tweeted after the SEC filing was disclosed. “And authenticate all real humans.”</p>
<p>Musk is reportedly still considering taking his bid directly to shareholders by launching a tender offer, which could come as early as this week.</p>
<p>The U.S. Securities and Exchange Commission (SEC) <a href="https://www.investor.gov/introduction-investing/investing-basics/glossary/tender-offer">notes</a> that a “tender offer” “is typically an active and widespread solicitation by a company or third party (often called the ‘bidder’ or ‘offeror’) to purchase a substantial percentage of the company’s securities.”</p>
<p>A tender offer is only available for a short period of time and is made to everyone who owns stock in the company. The price offered to purchase the shares is fixed and usually comes at a premium rate compared to the current market value of the stock.</p>

<script async src="https://www.instagram.com/embed.js"></script>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<script async src="https://www.tiktok.com/embed.js"></script><div data-widget-host="revcontent" data-pub-id="165152" data-widget-id="290588"></div><script src="https://delivery.revcontent.com/165152/290588/widget.js"></script>

Twitter Facing Mounting Pressure From Shareholders To Take Specific Action Over Potential Buyout: Report

CONTINUE READING

Elon Musk Provides Timeline Of When He’ll Be Done In Government

Feds Arrest Las Vegas Man For Allegedly Attacking Tesla Store With Molotov Cocktails, Rifle

Trump Stages ‘Unprecedented Concentration Of Overwhelming U.S. Firepower’ At Base Near Mideast

U.S. Military Recovery Efforts Still Ongoing To Recover Vehicle Trapped In Swamp

Former NFL Running Back Arrested In Largest Individual Dog Fighting Bust Ever: Feds

Four U.S. Soldiers Found Dead After Training Exercise Near Belarusian Border

News

Big Tech

Elon Musk

Social Media

Social Media Bias

Twitter

A video goes viral showing a baby being refused his mother by two gay "dads". This is just the tip of the iceberg, which is why we will have an important discussion today about surrogacy. 

Hour 1

The Matt Walsh Show

Ep. 1765 - This Video Is One Of The Worst Things I've Seen In A Long Time 

The Strait of Hormuz officially opens for business (kind of), the Pope makes “shocking” comments on immigration, and President Trump promises UFO disclosure at TPUSA. 


The Michael Knowles Show

Ep. 1956 -  Pope Leo's "SHOCKING" Immigration Comments EXPLAINED

A false miscreed has corrupted our leadership class.


The Andrew Klavan Show

Ep. 1275 - Dumb, Dumber and Progressive

President Trump announces a 10-day ceasefire between Lebanon and Israel, a murder-suicide involving former Democratic Lieutenant Governor Justin Fairfax shakes Virginia, and France and Britain hold a conference to secure the Strait of Hormuz – after the Iranian conflict ends. Get the facts first with Morning Wire.

- - -

Ep. 2738

- - -

Wake up with new Morning Wire merch: https://bit.ly/4lIubt3

- - -

Today's Sponsors:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text 'WIRE' to 83848 to learn more.

Pocket Hose - Text MORNING to 64000 to get a FREE pocket pivot and their 10-pattern sprayer with the purchase of ANY size Copper Head hose. Message and data rates may apply.

Morning Wire

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26 [Member Exclusive]

A ceasefire goes into effect between Israel and Lebanon, a tragic murder-suicide rocks Virginia, and Dairy Queen deploys AI in the drive-thru. Get the facts first with Evening Wire.
- - -
Ep. 2737
- - -
Wake up with new Morning Wire merch: https://bit.ly/4lIubt3 
- - -
Today’s Sponsor:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text “WIRE” to 83848 to learn more.


Evening Wire: Lebanon Ceasefire Begins & Murder-Suicide Rocks VA | 4.16.26

The Pendragon Cycle

Menu

— News —

Twitter Facing Mounting Pressure From Shareholders To Take Specific Action Over Potential Buyout: Report