Twitter users reacted in shock and awe Tuesday to the news that Twitter’s board of directors endorsed Musk’s offer to buy the social media company.
Fox Business reported on Tuesday that Twitter’s board “unanimously recommended” that its shareholders vote to approve Musk’s $44 billion bid to buy the company. A SEC filing from Tuesday revealed the board’s recommendation.
It stated that the Twitter board has “determined that the merger agreement is advisable and the merger and the other transactions contemplated by the merger agreement are fair to, advisable and in the best interests of Twitter and its stockholders; and (2) adopted and approved the merger.”
After the news of the board’s vote, Musk is one step closer to acquiring ownership of Twitter, a move many critics are still unsure would happen.
Although, Musk has stated there are several other “unresolved matters” that need to be taken care of prior to the finalization of the deal, namely debt financing for the deal as well as a “resolution to his dispute with Twitter over the total percentage of spam and fake accounts on the platform.”
Regardless, the news caused both excitement and dread about Musk’s prospective new social media platform.
Washington Times columnist Tim Young mocked hysterical leftist in a tweet, writing, “The Twitter board unanimously recommended approving Elon Musk’s $44 billion takeover… so get ready for all the leftists who said they’d leave Twitter… to not leave Twitter.”
YouTube creator Keemstar exclaimed, “Twitter board approves Musk’s $44 billion takeover! It’s happening!”
“Twitter’s board unanimously approves Elon Musk’s $44 billion takeover bid. Cue gnashing of teeth and rending of garments at the Ministry of Truth,” Fox News contributor Miranda Devine wrote.
However, not all were thrilled by the news. After the announcement, MSNBC contributor Dean Obeidallah reminded Twitter users that Musk may reinstate former President Trump’s Twitter account.
“Now Elon Musk wants to put the man who waged a coup back on Twitter. Musk can be called a lot of things but an American patriot is not one of them,” he tweeted.
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