CD Media

Twitter Drama Unfolds As Musk May Be Looking For Price Adjustment, Says ‘Still Committed To Deal’ After Putting Transaction On Hold For Bot Fraud

Globalists Begin To Threaten Musk To Keep Censorship
Image by Tesla Owners Club Belgium

Please Follow us on GabMindsTelegramRumbleGab TVGETTRTruth Social  

Update (0750ET): Twitter shares are bouncing back now that Musk has clarified that the deal saga isn’t over yet: on the contrary, Musk just clarified that he is “still committed to the acquisition”.

Two weeks ago, after Twitter reported disappointing earnings and admitted that it was “overestimating” millions of users since 2019, we asked whether this “merits a purchase price adjustment.”

A few days later, noted short-seller Hindenburg Research picked up on this and in a report warned that Twitter is overpriced and that there is “significant risk” that the deal could get repriced lower.

Fast forward to today, when amid growing speculation that Elon Musk’s deal to buy Twitter might collapse, that he might walk away, or hold out for a better price, as the recent turmoil in markets – especially for tech stocks – have caused equity valuations to re-rate lower en masse, Musk has confirmed just that on Twitter…

To read more visit Zero Hedge.

‘NO AD’ subscription for CDM!  Sign up here and support real investigative journalism and help save the republic!

Related posts

After CDM Posts Scoop On Hemorrhagic Fever Attack During Olympics, Our Telegram Channel Subscribers Fall Drastically …Someone Is Censoring …We Guess The Chicoms And Big Tech

CD Media Staff

BREAKING: Facebook Whistleblowers Expose LEAKED INTERNAL DOCS Detailing New Effort To Secretly Censor Vaccine Concerns On A Global Scale

CD Media Staff

Florida Leads Nation In Unemployment And New Business Formation Among 10 Largest States

CD Media Staff

Leave a Comment

Subscribe to our evening newsletter to stay informed during these challenging times!!