Twitter users were shocked and amazed Tuesday when Musk’s offer was accepted by Twitter’s board.
Fox Business reported Tuesday that Twitter’s board had “unanimously recommended that its shareholders vote in favor of Musk’s $44 Billion bid to purchase the company.” The recommendation was revealed in a Tuesday SEC filing.
It stated that the Twitter board had “determined that the merger arrangement is advisable” and that the merger and other transactions contemplated in the merger agreement were fair to, advisable, and in the best interest of Twitter’s stockholders. The merger was (2) approved and adopted.”
Musk, who was voted in by the board, is now one step closer to becoming the owner of Twitter. This move has been controversial and many critics remain unsure if it will happen.
Musk stated that there are still “unresolved issues” to resolve before the deal is finalized. These include debt financing and a resolution to his Twitter dispute over the amount of spam and fake accounts.
However, Musk’s new social media platform was a source of excitement and fear.
Washington Times columnist Tim Young ridiculed the hysterical leftist in tweets. He wrote, “The Twitter board unanimously recommended that Elon Musk’s $44B takeover be approved… so prepare for all leftists who have said they would leave Twitter… not to leave Twitter.”
Keemstar, YouTube creator, exclaimed: “Twitter board approves Musk’s $44 billion acquisition!” It’s happening!”
“Twitter’s board unanimously approves Elon Musk’s $44 billion takeover offer.” Miranda Devine, Fox News contributor, wrote that there was much gnashing of teeth at the Ministry of Truth.
Steven Crowder, a conservative comedian, predicted the collapse of leftists by tweeting: “Twitter board approves @elonmusk’s bid for $44 billion in unanimous decision. “Leftist minds will explode,”
The news was not received enthusiastically by all. Dean Obeidallah, a MSNBC contributor, reminded Twitter users after the announcement that Musk might reinstate the Twitter account of former President Trump.
Elon Musk now wants to take back the man who attempted a coup on Twitter. Musk can be called many things, but an American patriot cannot be one,” he tweeted.
Dary Rezvani, a former Democrat congressional candidate, slammed Musk over recent news while mocking another headline about the billionaire’s biological son – now a trans man – disowning him.
Rezvani tweeted, “Elon lost his child today, but gained a project he didn’t want but continued pushing so that he could appear cool to his internet buddies.”
Matt Vespa, Townhall’s chief executive, expressed sympathy for Twitter employees who were unable to sleep after the approval. He tweeted, “While we wait for opinions from SCOTUS, Twitter’s board unanimously approved Elon Musk’s $44 billion bid for Twitter. It was a difficult day for the woke employees Again.”
“Don’t do it!” Nelson Branco, a Toronto Sun reporter, exclaimed on the platform.
Matthew Loop, author and businessman, said that he hoped this was a win for free speech.