Musk purchases Twitter with no price reduction or previous real spam figures disclosure by the social network.
It seems that Elon Musk has finally decided to give in. The millionaire will buy Twitter at the price and under the terms agreed last April and approved by the shareholders of the social network.
Just one hour ago the millionaire has tweeted an official statement targeting advertisers on the reason why he has decided to purchase Twitter: It is no way a matter of money but the point that “it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner, without resorting of violence”.
Yesterday, the millionaire advanced his intention to buy the social network under the initially agreed terms by tweeting a meme in which he can be seen going through the main door of the Twitter headquarters carrying himself a toilet sink as if he were going to intall it or reform the building before moving in.
The latest chapter in this purchase soap opera?
I will remind our readers that after signing an acquisition contract at a price of $54.20 per share and the Twitter Board and Shareholders’ Meeting approving the contract signed with Musk, the millionaire embarked on a crusade aimed at making the company del pajarito will reveal information about the level of real spam in the social network.
Musk argued that the level of non-real users was much higher than that publicly recognized by Twitter and that this would greatly lower the value of the company, which would be well below what was initially agreed upon.
The SEC (Securities Exchange Commission) suspended Twitter shares from trading today just after the price per share shot up to $47.93 on the New York Stock Exchange at around 12:00 noon after confirming the news that The Tesla executive had sent a letter to the Directorate of the Little Bird Network saying that he was willing to fulfill the contractually acquired obligation to acquire the company at a price of $54.20 per share, which represents a total price of $44,000 million.
The only condition that Musk had set to comply with what was agreed is that the lawsuit before a Delaware court that Twitter has filed against him to force the millionaire to comply with the purchase-sale contract in the terms and price already agreed.
The judge of the Delaware court decided that would proceed if Twitter and Musk didnt reach an agreemet on the purchase in a fixed term.
Musk has decided to give in and purchase the blue bird social network under the terms initially pacted before the end of the term established by the judge.
Image over the headline.- Elon Musk moving to Twitter headquarters carrying a toilet sink. To watch the tweet with the gif meme published by the same Musk yesterday, click here
Related Eastwind Marketing links (English edition):
Elon Musk expands his share in Twitter’s capital equity to the 9.2% (UPDATED)
Related Eastwind Marketing links (Spanish edition):
Elon Musk decide comprar Twitter al precio pactado
Elon Musk aumenta su participación en el capital social de Twitter hasta el 9,2%
