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Though anti-ESG shareholder proposals received a lot of attention, they garnered little, if any. Anti-ESG Proxy 'Explosion' Ends With a Whimper, Not a Bang.The earnings loss distracts, and we think the stock is undervalued right now. Morningstar analyst Ali Mogharabi Maintains his US$58 FVE Elon Musk Acquired a Sizable Stake in Twitter Shares Remain Attractive.Meet the publicly-listed companies cashing in on cryptocurrency demand. These companies are all trading well below our fair value estimates.

#PRINTME TWITTER FREE#

The multi-billionaire entrepreneur launched a broadside at the lack of free speech on social m. Musk Beelines for Outright Twitter Buy With 54% Premium Bid.

Morningstar senior equity analyst Ali Mogharabi had previously suggested a 50/50 likelihood that a deal would go through, though he argued that significant change would follow at the top of the company, regardless of whether an agreement was reached. There are no financing conditions to the closing of the transaction. Musk has secured US $25.5 billion of fully committed debt and margin loan financing and is providing an approximately US $21 billion equity commitment. The transaction, which has been unanimously approved by the Twitter Board of Directors, is expected to close in 2022, subject to the approval of Twitter stockholders, the receipt of applicable regulatory approvals and the satisfaction of other customary closing conditions. Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it.' 'I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans. 'Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,' said Musk.

Deeply proud of our teams and inspired by the work that has never been more important.' Parag Agrawal, Twitter's CEO, said, 'Twitter has a purpose and relevance that impacts the entire world. The proposed transaction will deliver a substantial cash premium, and we believe it is the best path forward for Twitter's stockholders.'

Black & White: Colour: Attach your PDF/Word/Excel/Powerpoint file(s) and send the email.The purchase price represents a 38% premium to Twitter's closing stock price on April 1, 2022, which was the last trading day before Musk disclosed his approximately 9% stake in Twitter.īret Taylor, Twitter's Independent Board Chair, said, 'The Twitter Board conducted a thoughtful and comprehensive process to assess Elon's proposal with a deliberate focus on value, certainty, and financing.

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