As we reported earlier, Twitter has just announced in a press release that “it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion.”
“Upon completion of the transaction,” they wrote, “Twitter will become a privately held company.”
The news comes after several weeks of a very public back and forth between Musk and the popular social media platform, starting when he brought enough shares to become the largest shareholder in Twitter, him being appointed to the board of directors a couple of days later and then backing out of it, him then making the mega-billion dollar offer shortly thereafter, Twitter invoking the “poison pill” in an effort to stop him, and now this.
Not surprisingly, Twitter leftists are now more fauxtraged than they ever have been over the possibility that Musk will take full ownership of Twitter, and now that the deal appears to be just about done, the wailing and gnashing of teeth has commenced accordingly, with CNN’s media hall monitor Brian Stelter, woke NBC News “reporter” Ben Collins, and failed 2004 Democrat candidate for president Howard Dean all among those going all stompy feet in response:
Stelter’s reaction to Elon Musk purchasing Twitter. “Do you really want to be invited to a party where there are no restrictions, and where everyone is free to have fun?” pic.twitter.com/rhSmF04OUk
— Washington Free Beacon (@FreeBeacon) April 25, 2022
You can find many models of where the site might end up. I visit those websites all day. For a living, I report on extremisms and lies. This is not something that you’ll like.
— Ben Collins (@oneunderscore__) April 25, 2022
Thank you for following us on Twitter. Thank you for all your knowledge and sharing the information over the last ten years. Musk taking over Twitter will make me leave in just a few hours. Might be just as well for my well being but I’ve learned a lot of valuable stuff from many of you.Thank you all. Howard
— Howard Dean (@GovHowardDean) April 25, 2022
Take care when oligarchs speak of freedom.
It means Jeff Bezos’ freedom to determine prices.
It means Jamie Dimon’s freedom to build the bank industry.
It means Elon Musk’s freedom to decide the terms of any political discussion.
Don’t get it confused.
— Robert Reich (@RBReich) April 25, 2022
What if 200 million people just sent Elon Musk their complaints/issues every day? It is so easy to find one person who can handle all your issues.
— Ron Filipkowski 🇺🇦 (@RonFilipkowski) April 25, 2022
Elon Musk must care about freedom if he wants to buy Twitter.
— Tristan Snell (@TristanSnell) April 25, 2022
Elon Musk is such a big believer in democracy that he’s seized a communications platform and intends to reshape it according to his personal whims.
— Paris Marx (@parismarx) April 25, 2022
How to deactivate your Twitter account https://t.co/KVLIDkfWBg pic.twitter.com/IWg3Oh1BJp
— The Verge (@verge) April 25, 2022
Calls for Musk to lift the ban on former President Donald Trump are among the requests being thrown out there from the conservative side of Twitter, with others urging Musk to, among other things, undo the suspensions on popular right-wing Twitter accounts like The Babylon Bee, which hasn’t been allowed to tweet since mid-March because they won’t delete a tweet to a story they wrote about how they picked transgender woman Rachel Levine — the U.S. Assistant Secretary for Health — as their “Man of the Year” after the USA Today declared Levine one of their “Women of the Year.”
Seth Dillon was appointed Babylon Bee CEO in early April said on his Twitter feed that Musk “reached out to us before he polled his followers about Twitter’s commitment to free speech. Musk wanted to verify that we were indeed suspended. He also suggested to me that perhaps he would need to invest in Twitter. Now he’s the largest shareholder and has a seat on the board.”
And possibly the owner, depending on whether or not the reported deal goes through. Stay tuned, as usual.
Related:Panicked Twitter Employees Worried about Elon Musk Get a Substack Delicious Swipe