How Elon Musk’s Twitter Deal Went From No Go to Possible Reality in Just a Few Weeks

Barrons2022-04-25

Twitter is reportedly talking with Tesla CEO Elon Musk about a possible sale. Twitter stock is rising, but shares are still not up as much as bullish investors might expect now that it appears the ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Michael8208
2022-05-21
Michael8208
[Great]
Lavender00
2022-04-26
Lavender00
This is as interesting as a movie
Jiahuihui
2022-04-26
Jiahuihui
[Cool] [Cool] [Cool]
WJ77
2022-04-25
WJ77
👍
Slee49
2022-04-25
Slee49
OK
RichDen
2022-04-25
RichDen
Because Elon Must Twitch... to get Twitter enrolled... else Elon may exit and Twitter may extinct

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2230416981?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-04-25 20:28","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2230416981","market":"us","top_or_hot":-1,"title":"How Elon Musk’s Twitter Deal Went From No Go to Possible Reality in Just a Few Weeks","media":"Barrons","content":"<div>\n<p>Twitter is reportedly talking with Tesla CEO Elon Musk about a possible sale. Twitter stock is rising, but shares are still not up as much as bullish investors might expect now that it appears the ...</p>\n\n<a href=\"https://www.barrons.com/articles/-elon-musk-twitter-takeover-talks-51650889324?mod=hp_LATEST\">Source Link</a>\n\n</div>\n","source":"lsy1601382232898","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Elon Musk’s Twitter Deal Went From No Go to Possible Reality in Just a Few Weeks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Elon Musk’s Twitter Deal Went From No Go to Possible Reality in Just a Few Weeks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-25 20:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/-elon-musk-twitter-takeover-talks-51650889324?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Twitter is reportedly talking with Tesla CEO Elon Musk about a possible sale. Twitter stock is rising, but shares are still not up as much as bullish investors might expect now that it appears the ...</p>\n\n<a href=\"https://www.barrons.com/articles/-elon-musk-twitter-takeover-talks-51650889324?mod=hp_LATEST\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4511","symbol_name":"特斯拉概念","start_time":0,"source_url":"https://www.barrons.com/articles/-elon-musk-twitter-takeover-talks-51650889324?mod=hp_LATEST","article_id":"2230416981","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2230416981","pubTimestamp":1650889687,"columns":[],"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"Twitter is reportedly talking with Tesla CEO Elon Musk about a possible sale. Twitter stock is risin","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4511":"特斯拉概念","BK4533":"AQR资本管理(全球第二大对冲基金)","TSLA":"特斯拉","BK4099":"汽车制造商","BK4574":"无人驾驶","TWTR":"Twitter","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4527":"明星科技股","BK4534":"瑞士信贷持仓","BK4581":"高盛持仓","BK4555":"新能源车","BK4550":"红杉资本持仓"},"translate_title":"埃隆·马斯克的推特交易是如何在短短几周内从没有变成可能的现实的","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":1,"TWTR":0.9},"content_text":"Twitter is reportedly talking with Tesla CEO Elon Musk about a possible sale. Twitter stock is rising, but shares are still not up as much as bullish investors might expect now that it appears the company is in play. That could spell opportunity.Late Sunday night, The Wall Street Journal  reported that Twitter (ticker: TWTR) is engaging Musk in buyout talks. Sunday is just 20 days after Musk's 9% stake was disclosed on April 4.It's taken no time at all for an apparently passive stake to turn into high-level negotiations that might reshape social media. Twitter didn't immediately respond to a request for comment about the reported talks.Shares were up 1.6% in premarket trading at $49.69 a share. S&P 500 and Dow Jones Industrial Average futures were in the red, off 0.9% and 0.8%, respectively. Twitter stock is still below the $54.47 level reached on April 5, the day after Musk's stake was disclosed, and below the $54.20 bid price offered by Musk.Twitter stock reached those heights despite Musk describing his initial stake as passive. Investors, back then, didn't seem to buy it and expected the Tesla CEO, and world's richest human, to disrupt the social media platform.Investors look to have been right. The passive label was short-lived. Twitter offered Musk a board seat, which Musk ultimately rejected. Then came Musk's offer for the entire company for $54.20 a share, which Musk described as his best and final.Twitter stock, however, closed down 1.7% at only $45.08 a share on April 14, the day the offer was disclosed. As Musk got more serious, investors became more convinced he wouldn't be successful.Investors might have had a point yet again. Twitter adopted a so-called poison pill that is designed to thwart unsolicited bids for a company by making it more expensive for the acquirer. That plan was adopted on April 15.One reason, strangely, was money. Amid the Musk-Twitter battle, investors started to wonder if Musk could finance the bid. Musk's wealth is in the range of $300 billion. Investors in Tesla, however, wouldn't want to see Musk sell Tesla stock outright to buy Twitter. Tesla investors would prefer to see Musk finance Twitter.And Musk announced he had lined up $46.5 billion in financing for a Twitter buyout. He also floated a buyout structure that would let some existing Twitter shareholder stays in Twitter if Musk was successful taking the company private.The financing and structure look like a smart chess move. Twitter stock closed up 3.9% the day following the financing report. Between the April 14 bid and financing, a process that took a week, Twitter stock ground higher, closing up about $4 at almost $49 a share.Investors are still pricing Twitter roughly $4.60, or 9%, below Musk's bid price. Apparently they just aren't sure what to do. Based on recent history, they might want to bet Musk will win, or that Twitter will put itself up for bid, ultimately going to the higher offer.Wedbush analyst Dan Ives suspects that Twitter solicited offers and isn't sure Twitter can do better than $54.20. \"While the Board approved the poison pill which essentially gave them time to find a white knight and second bidder, likely they are now empty handed,\" wrote Ives Sunday. \"Twitter reports earnings later this week which likely will not be rainbows and smiles thus putting further pressure on the company around this game of high stakes poker with the Musk bid looming.\"Twitter reports earnings this week. it has schedule a conference call for investors on April 28 at 8 a.m. Eastern time.Wall Street expects a nickel in per-share earnings from $1.2 billion in sales. A year ago, in the first quarter of 2021, Twitter earned 16 cents a share from $1 billion in sales.Something will likely happen before the earnings report.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9028920817,"gmtCreate":1653146504739,"gmtModify":1676535230728,"author":{"id":"3578667349403450","authorId":"3578667349403450","name":"Michael8208","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":3,"crmLevelSwitch":1,"idStr":"3578667349403450","authorIdStr":"3578667349403450"},"htmlText":"[Great]&nbsp;","listText":"[Great]&nbsp;","text":"[Great]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9028920817","repostId":2230416981,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9084740524,"gmtCreate":1650929450997,"gmtModify":1676534815909,"author":{"id":"3575693458669579","authorId":"3575693458669579","name":"Lavender00","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575693458669579","authorIdStr":"3575693458669579"},"htmlText":"This is as interesting as a movie","listText":"This is as interesting as a movie","text":"This is as interesting as a movie","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9084740524","repostId":2230416981,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9084427530,"gmtCreate":1650907318170,"gmtModify":1676534812825,"author":{"id":"4109600599424330","authorId":"4109600599424330","name":"Jiahuihui","avatar":"https://community-static.tradeup.com/news/bb53af46d1b5b1b5a0e8231d8bb37e4b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4109600599424330","authorIdStr":"4109600599424330"},"htmlText":"[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;","listText":"[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;","text":"[Cool] [Cool] [Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9084427530","repostId":2230416981,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9084409184,"gmtCreate":1650896292500,"gmtModify":1676534811188,"author":{"id":"3573616695330925","authorId":"3573616695330925","name":"WJ77","avatar":"https://static.tigerbbs.com/56bf6bd5b462948ac1028ecaabdba952","vip":1,"crmLevel":9,"crmLevelSwitch":1,"idStr":"3573616695330925","authorIdStr":"3573616695330925"},"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9084409184","repostId":2230416981,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9084569552,"gmtCreate":1650892055707,"gmtModify":1676534809927,"author":{"id":"3581993357014262","authorId":"3581993357014262","name":"Slee49","avatar":"https://static.tigerbbs.com/a4a9c556617a3ec3446f5c1c667b4aa0","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":1,"idStr":"3581993357014262","authorIdStr":"3581993357014262"},"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9084569552","repostId":2230416981,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9084580610,"gmtCreate":1650890655900,"gmtModify":1676534809512,"author":{"id":"4088318672089880","authorId":"4088318672089880","name":"RichDen","avatar":"https://static.tigerbbs.com/e5e2032d82e91e4d2df416c9f08328d1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4088318672089880","authorIdStr":"4088318672089880"},"htmlText":"Because Elon Must Twitch... to get Twitter enrolled... else Elon may exit and Twitter may extinct&nbsp;","listText":"Because Elon Must Twitch... to get Twitter enrolled... else Elon may exit and Twitter may extinct&nbsp;","text":"Because Elon Must Twitch... to get Twitter enrolled... else Elon may exit and Twitter may extinct","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9084580610","repostId":2230416981,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":41,"commentSize":7,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2230416981"}