3.9k Share this

Video Duration 24 minutes 45 seconds

From: Inside Story

The American billionaire has made a controversial $43bn offer, but faces many hurdles to acquire the social media behemoth.

Twitter’s board has armed itself against a possible takeover after Elon Musk, the world’s richest man, said he wants to buy the social media giant.

The billionaire has made an offer of $43bn. According to Musk, Twitter needs to be taken private to grow and become a platform for free speech. But the Twitter board is fighting back.

It has adopted a so-called “poison pill” plan that will prevent anyone from owning more than a 15 percent stake in the company.

What is driving Musk’s quest to own Twitter? And what would a possible takeover mean for this platform?

Presenter: Kim Vinnell

Guests:

Tim Hubbard – assistant professor of management, University of Notre Dame’s Mendoza College of Business

Jim Anderson – social media sector lead at Glasswing Ventures

William Cohan – founder of Puck news; former mergers and acquisitions investment banker

Source: Al Jazeera

3.9k Share this
You May Also Like

America’s monkeypox tally hits double-digits as Colorado probes case in young man

Colorado officials are probing a suspected case of monkeypox in a ‘young’…

Texas cop says Uvalde officers retreated from gunman because ‘they could have been shot’

Texas cops said last night that they didn’t immediately rush in to…

‘Most powerful meteor storm in generations could light up skies above North America early next week

The ‘most powerful meteor storm in generations’ could light up skies above…

Japan to resume tourism in June – but only for package tours

Japan to resume tourism in June, with holidaymakers from 98 countries including…

CDC panel recommends monkeypox vaccine for lab workers, health responders and health care workers

BREAKING: CDC panel recommends monkeypox vaccine for lab workers, public health responders…

Bristol Mayor who declared ‘climate emergency’ flies 9,000 miles to Canada to lecture

Bristol Mayor who declared ‘climate emergency’ flies 9,000 miles to Canada to…

Forgive my son – he had reasons for what he did’: Mother of shooter asks people ‘not to judge’ son

Amerie Jo Garza, 10 Amerie Jo Garza (right) Amerie Jo Garza, a…

Uvalde gunman threatened rapes and school shootings on social media app Yubo weeks before massacre

The Texas school shooter made two FaceTime calls – one of them…