Twitter Buyout

A new subpoena from Twitter Inc (NYSE: TWTR) is requesting information from friends of Elon Musk in the battle between the social media platform and Tesla Inc (NASDAQ: TSLA) over a proposed $44 billion buyout. Here’s the latest. What Happened: A subpoena obtained by The Washington Post sees...

News of Tesla Inc (NASDAQ: TSLA) CEO Elon Musk acquiring social media platform Twitter Inc (NYSE: TWTR) has been one of the biggest topics of the investing world in 2022. Musk offered to buy Twitter shares for $54.20 each, yet shares have been trading around the $49 level. Benzinga spoke recently...

News of Tesla Inc (NASDAQ: TSLA) CEO Elon Musk acquiring social media platform Twitter Inc (NYSE: TWTR) has been met with mixed reactions. Several reports have pointed to Twitter employees upset by the decision. While that may be the case, many have turned to searching for Twitter jobs in hopes to...

Nearly 271 million Dogecoin (CRYPTO: DOGE) were moved from multiple addresses to an unknown wallet in a single transaction earlier Tuesday.  Dogecoin whales — cryptospeak for big holders — are still showing increased levels of activity ever since Tesla Inc (...

Let’s face it: Elon Musk has been in the news a lot recently. But, while everyone is talking about his bid for Twitter Inc (NYSE: TWTR), Tesla Inc (NASDAQ: TSLA) stock has dropped nearly 20% in the last week alone. Last Friday, the stock opened above $1,000 a share. Mid-morning Thursday,...

A leveraged buyout is simply defined as the purchase of a controlling share in a company by its management using outside capital. Tesla Inc (NASDAQ: TSLA) CEO Elon Musk took billions in leveraged loans to take control of Twitter Inc (NYSE: TWTR) with funding from banks such as Barclays...

The European Union passed landmark legislation on Saturday that will force Twitter Inc (NYSE: TWTR) and other companies to combat hate speech and misinformation. What happened: The Digital Services Act (DSA) would compel tech companies to bear responsibility for the information that appears on...

The world's richest person and Tesla Inc (NASDAQ: TSLA) CEO Elon Musk sent a tweet suggesting that those who criticize his acquisition of social media giant Twitter Inc (NYSE: TWTR) are afraid of free speech ideals being realized on the platform. What Happened: On Tuesday...

Controversial Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has Wall Street buzzing after social media platform Twitter Inc (NYSE: TWTR) accepted Musk's hostile takeover bid to take Twitter private for $44 billion. Twitter's board of directors accepted Musk's bid on Monday after initially...

The New York Post reports the richest man in the world is looking to do a leveraged buyout (LBO) as a possible way to finance his bid to purchase 100% of Twitter Inc (NYSE: TWTR). What Happened: While Musk is worth north of $270 billion, the Post reports that the Tesla Inc (NASDAQ: TSLA) chief is...

Shares of Twitter Inc (NYSE: TWTR) soared higher by more than 20 percent on Friday following a report which suggested the company is nearing a deal to sell itself to salesforce.com, inc. (NYSE: CRM) or Alphabet Inc (NASDAQ: GOOG). According to Trip Chowdhry of Global Equities Research, Google...

Twitter Inc (NASDAQ: TWTR)'s investors woke up on Friday to find the stock trading lower by more than 3 percent following a concerning report from RBC Capital Markets. The analysts downgraded Twitter to Underperform from Sector Perform and slashed its price target to $14 from a previous $17...

Twitter Inc (NYSE: TWTR) has seen its stock surge over 30 percent over the past month, as many investors continue to speculate it is merely a matter of when, not if, the company will be acquired. Speaking as a guest during CNBC's "Halftime Report" segment on Tuesday, Kevin O'Leary suggested that...