• Home
  • E-Paper
  • Archive
  • Contact us
  • Daily Pakistan
Friday, June 2, 2023
  • Login
Daily The Patriot
  • Home
  • Top Stories
  • National
  • City
  • World
  • Sports
  • Showbiz
  • Technology
  • Editorial
  • Opinion
  • E-Paper
    • Archive E-Paper
No Result
View All Result
  • Home
  • Top Stories
  • National
  • City
  • World
  • Sports
  • Showbiz
  • Technology
  • Editorial
  • Opinion
  • E-Paper
    • Archive E-Paper
No Result
View All Result
Daily The Patriot
No Result
View All Result
Home Technology

Musk tweets ‘Love Me Tender’ days after Twitter takeover offer

by Daily Patriot
April 18, 2022
in Technology
0
Musk to join Twitter board, promises change
0
SHARES
30
VIEWS
Share on FacebookShare on Twitter
file photo   elon musk founder ceo and lead designer at spacex and co founder of tesla speaks at the international space station research and development conference in washington u s on july 19 2017 photo reuters

Billionaire entrepreneur Elon Musk posted a tweet on Saturday saying “Love Me Tender”, days after he took aim at Twitter Inc with a $43 billion cash takeover offer.

After Musk’s TED talk on Thursday, he hinted at the possibility of a hostile bid in which he would bypass Twitter’s board and put the offer directly to its shareholders, tweeting: “It would be utterly indefensible not to put this offer to a shareholder vote”. 

Over the weekend Musk, already the San Francisco-based company’s second-largest shareholder after amassing a 9.1% stake in the social media firm, tweeted Twitter board’s “economic interests are simply not aligned with shareholders”.

Twitter on Friday adopted a “poison pill” to limit Musk’s ability to raise his stake in the company.

Thoma Bravo, a technology-focused private equity firm that had more than $103 billion in assets under management as of the end of December, informed Twitter that it was exploring the possibility of putting together a bid, people familiar with the matter told Reuters on Friday.

Related

Tags: Elon MuskSAN FRANCISCOThoma BravoTwitter Inc
Daily Patriot

Daily Patriot

Next Post
Shahbaz Sharif gets bail in assets case

Govt to provide equal opportunities to Balochistan skilled workforce: PM

Latest News

Pakistan's request to ease $6 billion external financing is denied by IMF
Business

Pakistan’s request to ease $6 billion external financing is denied by IMF

by NewsDesk
June 2, 2023
0

ISLAMABAD: According to Dr. Aisha Pasha, the Minister of State for Finance, the International Monetary Fund (IMF) has rejected Pakistan's...

Read more
Jail authorities confirmed that Shehryar Afridi was kept in a cell

Jail authorities confirmed that Shehryar Afridi was kept in a cell

June 2, 2023
During a week, foreign exchange reserves decreased by 10.20 dollars

During a week, foreign exchange reserves decreased by 10.20 dollars

June 2, 2023
Unknown persons abducted student from university of Karachi

Unknown persons abducted student from university of Karachi

June 2, 2023
Usman Buzdar announced his resignation from PTI and politics

Usman Buzdar announced his resignation from PTI and politics

June 2, 2023
  • Home
  • Top Stories
  • National
  • City
  • World
  • Sports
  • Showbiz
  • Technology
  • Editorial
  • Opinion
  • E-Paper
Call us: 051-233-1674

© 2023DAILY PATRIOT - For the latest news updates from the Daily Patriot. Download Our Apps image description image description

No Result
View All Result
  • Home
  • Top Stories
  • National
  • City
  • World
  • Sports
  • Showbiz
  • Technology
  • Editorial
  • Opinion
  • E-Paper
    • Archive E-Paper

© 2023DAILY PATRIOT - For the latest news updates from the Daily Patriot. Download Our Apps image description image description

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In