In recent times, the Twitter acquisition case has been the focus of the news, and its focus is not on the acquisition, but on the acquisition of the promoter Elon Musk, the world's richest man, Musk's series of fantastic ideas and great success, so that Musk's words and deeds have attracted much attention, Musk has made a speech about the Twitter acquisition.
Musk's remarks about board salaries
Every member of Twitter's board currently offers a part-time job and is therefore required to pay $250,000 to $300,000 a year, and Musk recently said that "if he succeeds in acquiring Twitter, the company will not have to pay any salary to the board in the future," a move that will save Twitter as much as three million dollars a year.
And these board members themselves are not involved in the specific work of Twitter, and even these board members do not hold Shares of Twitter, so it is undoubtedly very unreasonable to pay these people.
The $43 billion acquisition has attracted much attention
On Friday, the world's richest man, Musk, officially announced that he would acquire 100% of Twitter's stake for a total price of $43 billion, and as the world's richest man, Musk's acquisition of Twitter was inevitable, but this acquisition was opposed by Twitter's original shareholders, and through the "poison pill defense" to prevent Musk from acquiring (issuing a large number of low-priced shares, thereby inflating the acquisition price of the acquiring party, and finally forcing the acquirer to abandon the acquisition).
Musk's purpose of acquiring Twitter
Musk for this acquisition, did not clearly indicate what the ultimate goal is, but from the attributes of Twitter this company is not difficult to guess, Musk values the "right to speak" of Twitter, after all, Musk's words often cause trouble, if you can successfully acquire a "speaking platform", it is undoubtedly a good thing for Musk, and $43 billion is within the scope of Musk.
Musk is out of range
The "poison pill defense" plan is beyond Musk's tolerance, which means that Musk will have to pay more money, and a large number of stocks have become a major restriction on Musk holding more than 14.9%, so it is highly likely that Musk will change the way he acquires, there are several solutions, the best way is that Musk and Twitter shareholders reach a consensus, let shareholders recognize Tweet under Musk's leadership, and the future Tweet will be better.
Or looking for a strategic partner, the introduction of strategic partners means a lot of capital in, will increase the purchase price, and eventually reach the price that shareholders are satisfied with, the worst case of the acquisition becomes a protracted war, Musk in some specific period of time to increase or reduce the amount of Twitter stock, from the current point of view this situation is unlikely to happen.
At present, there is news in the market, including Apollo Global Management Company and many other private equity giants intend to join the acquisition case, and said that they are open to a series of bidders such as Marx, and can provide equity, debt and other aspects of cooperation, from these points of view, the current acquisition is still confusing, who is the ultimate winner is not easy to say.
Although Musk is not bad money to give a total purchase price of $43 billion, but if the total price exceeds expectations, I believe that Musk will not make a loss of money, then where will this world-renowned acquisition go, let's wait and see!