He's paid forty three billion dollars for something he just has to fold up and clotes. He could pump more equity into it somehow, if he's got any left. But by that point he will have margined and leveraged his testes stock. Is there a white night here? Hereis somebody who comes in and says, twitter, board will take ten % and basically be a blocking move.
Kara and Scott discuss the Twitter board's “poison pill” approach to fend of Elon’s bid. Friend of Pivot William D. Cohan joins to discuss whether or not Elon has the cash. Also, Alex Jones’ Info Wars has declared bankruptcy, and Tucker Carlson’s new documentary trailer is raising eyebrows... and other things, too.
You can find William on Twitter at @WilliamCohan.
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