[ad_1]
In case you haven’t been listening, OutKick’s Clay Travis has been banging the drum for Tesla CEO Elon Musk to buy Twitter, in an effort to revive {the marketplace} of concepts.
Travis was one of many first to make the suggestion and on Thursday, that prophecy took one large step to being fulfilled. The latest reviews say that Musk has formally positioned a $41 billion provide to purchase the social media firm.
As you may count on, the coddled blue test marks are having their each day meltdown — simply as Travis predicted.
“The left wing blue check panic over @elonmusk potentially buying @twitter is glorious,” Travis wrote. “All the blue checks who have lectured us for years by saying, “It’s a private company, if you don’t like it, leave” are panicking like loopy over their echo chambers being challenged. Love. It.”
And even when Twitter declines the provide, Musk has nonetheless received. As Travis stated, Twitter would have a number of shareholder lawsuits coming its approach.
“Additional thought, if the board rejects the offer, there’s no second bidder, and Elon walks away, the stock price would crash,” Travis wrote. “That would lead to massive shareholder lawsuits alleging the board had breached its fiduciary duty. Absent second bidder, Elon wins now.”
Follow Nick Geddes on Twitter @NickGeddesNews and on Instagram @nick.geddes.
[ad_2]
Source hyperlink
