Elon Musk’s offer to buy Twitter for $54.20 per share and take the company private is just the latest elaborate dig in the billionaire’s ongoing battle with the SEC, fellow tech entrepreneur Mark C…
requiring that all of Musk’s tweets pertaining to Tesla or its business be reviewed and approved by company attorneys before they could be posted.Musk’s spat with the SEC resurfaced during his Thursday appearance at a TED conference in Vancouver — where he discussed his offer to buy Twitter just hours after it became public knowledge.
During the conversation, Musk was adamant that he had enough funding secured to buy Twitter — and pushed back on the SEC’s stance that he didn’t have the backing to take Tesla private in 2018. “With Tesla back in the day, funding was actually secured. I want to be clear about that,” Musk said. Every major tech company , Google, fb, et al is on the phone with their anti trust lawyers asking if they can buy Twitter and get it approved. And Twitter is on the phone with their lawyers asking which can be their white knight. Gonna be interesting
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