Elon Musk's Twitter Aquisition, Censorship and the Proxy War +++ UPDATES+++

US News & Politics
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This interesting as we all know this is probably one of the most important story developments of this year and beyond.

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Sell off continues on Tesla

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Possible that Musk won’t waste his time with Twitter altogether if he decides just to launch his own platform which he has the cash to do so and thus circumvent the deep state altogether.

Just as this story broke yesterday about breaking up big tech former Obama intel officials writes a letter to congress expressing not to do so for National security reasons. See the pattern here? Of course they don’t want to, spying on people and controlling the flow of information is too profitable for the Nancy Pelosi’s of the world.

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(YAHOO) – Elon Musk has secured commitments for $46.5bn (£35.5bn) that would allow him to bypass Twitter’s (TWTR) board and go directly to the social media company’s shareholders with his takeover bid.

Musk said he would personally provide $21bn of equity for the deal with another $12.5bn coming from margin loans, according to paperwork filed with the Securities and Exchange Commission on Thursday.

Banks, including Morgan Stanley, have agreed to provide another $13bn in debt secured against Twitter itself, according to the filing.

Musk has not yet determined if he will make a tender offer for Twitter or whether he will take other steps to further the proposal, the filing states.

Tender offers involve making a bid to purchase some or all shares of a company directly from its shareholders.

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Musk’s response to Bill Gates who is promoting Climate nonsense is pretty epic.

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Oh I love when the counter culture rises within a paradigm shift. The culture war is real!

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https://twitter.com/Breaking911/status/1545519917839032321?s=20&t=pAUGExbOTstCus6wjkURTQ

Elon Musk said on Friday he was terminating his $44 billion deal for Twitter, citing material breach of multiple provisions of the agreement. The legal battle now begins as Musk signed a $1 billion poison pill.

Elon Musk ends his deal to buy Twitter, according to a letter sent by a lawyer on his behalf to the company’s chief legal officer Friday. In the letter, disclosed in a Securities and Exchange Commission filing, Skadden Arps attorney Mike Ringler charged that “Twitter has not complied with its contractual obligations.”

Ringler claimed that Twitter did not provide Musk with relevant business information he requested, as Ringler said the contract would require. Musk has previously said he wanted to assess Twitter’s claims that about 5% of its monetizable daily active users (mDAUs) are spam accounts.

“Twitter has failed or refused to provide this information,” Ringler claimed. “Sometimes Twitter has ignored Mr. Musk’s requests, sometimes it has rejected them for reasons that appear to be unjustified, and sometimes it has claimed to comply while giving Mr. Musk incomplete or unusable information.”

More details here

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