Elon Musk’s cryptic Tweet channeling Elvis baffles investors
https://www.eastbaytimes.com/2022/04/18/elon-musks-cryptic-tweet-channeling-elvis-baffles-investors/
Billionaire entrepreneur Elon Musk kept investors in the dark this weekend, floating a cryptic tweet with the word “tender,” a likely wink-and-nod reference to a potential tender offer to Twitter Inc. shareholders for control of the company.
The world’s richest person caused a stir last week after he filed a $43 billion proposal offering $54.20 a share for the social network, which led Twitter to adopt a so-called poison-pill provision on Friday to make it harder for Musk or a group of investors to acquire more shares.
Elon Musk’s cryptic Tweet channeling Elvis baffles investors
Apr 18, 2022, 5:50pm UTC
https://www.eastbaytimes.com/2022/04/18/elon-musks-cryptic-tweet-channeling-elvis-baffles-investors/
> Billionaire entrepreneur Elon Musk kept investors in the dark this weekend, floating a cryptic tweet with the word “tender,” a likely wink-and-nod reference to a potential tender offer to Twitter Inc. shareholders for control of the company.
> The world’s richest person caused a stir last week after he filed a $43 billion proposal offering $54.20 a share for the social network, which led Twitter to adopt a so-called poison-pill provision on Friday to make it harder for Musk or a group of investors to acquire more shares.