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Elon Musk’s Twitter Takeover Drama: A Hand Overplayed?

Elon Musk, who has, as of this month, quietly amassed more than 9% of Twitter, just offered $43 billion to buy the whole company. It’s a hostile takeover attempt, ostensibly driven by Musk’s goal of enforcing free speech absolutism. The libertarian rig…

Elon Musk, who has, as of this month, quietly amassed more than 9% of Twitter, just offered $43 billion to buy the whole company. It’s a hostile takeover attempt, ostensibly driven by Musk’s goal of enforcing free speech absolutism. The libertarian right-wing is enthralled. The Twitter board is not. Twitter is repelling Musk’s move with a “poison pill” that would inundate the market with new shares if Musk gains 15% of the stock. More

The post Elon Musk’s Twitter Takeover Drama: A Hand Overplayed? appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Lee Hall.


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