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  • Elon Musk References 1989 Bestseller On RJR Nabisco Leveraged Buyout; Is He Closing In On Twitter Buy?
elon-musk-references-1989-bestseller-on-rjr-nabisco-leveraged-buyout;-is-he-closing-in-on-twitter-buy?

Elon Musk References 1989 Bestseller On RJR Nabisco Leveraged Buyout; Is He Closing In On Twitter Buy?

BizTech WeeklyBy BizTech Weekly Apr 23, 2022

Tesla CEO Elon Musk tweeted late Friday ‘The Barbarians are at the Gate,’ which to some might suggest gibberish. Twitter closed Friday’s session 3.93% higher at $48.93, according to BenzingaPro data. Twitter adopted a poison pill after Musk’s disclosure of his intent to take the company private. Musk has previously conveyed through a few cryptic tweets that he might go in for a tender offer, taking the fight directly to shareholders. Reports suggested PE firm Thoma Bravo could table a competing bid, although neither the PE firm nor Twitter have confirmed any proposal as yet. Twitter for its part adopted a poison pill following Musk’s announcement of his intention to take Twitter private, although no proposal has been confirmed. . . .

Read more at www.benzinga.com
BizTech Weekly
BizTech Weekly

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