Twitter is better

[Caveira]

Just now, Wrestleknownothing said:

If it isn't the right price then outside shareholders of one of the two might be getting a bad deal. See my commentary above.

One other odd thing this reminds me of is both companies apparently used the same investmemt bankers. Hard to ensure a fair price when the majority shareholder of one is the majority shareholder of the other and thr same investment bankers are also on both sides of the "negotiation".

Again.  This is just how business is boss.   Yes outside shareholders are screwed sometimes when they do this.  Yes.  

[Wrestleknownothing]

3 minutes ago, Caveira said:

Again.  This is just how business is boss.   Yes outside shareholders are screwed sometimes when they do this.  Yes.  

This really is not how mergers are done.

[Caveira]

1 minute ago, Wrestleknownothing said:

This really is not how mergers are done.

I dunno boss.  I don’t have a ton of interest in this.  Musk sold one of this things to another one of his things and he probably profited.  Like lots of businesses why should I care ?

[Wrestleknownothing]

8 minutes ago, Caveira said:

I dunno boss.  I don’t have a ton of interest in this.  Musk sold one of this things to another one of his things and he probably profited.  Like lots of businesses why should I care ?

I do not think you should

[headshuck]

xAI Holdings set to raise $20b potentially valuing the combined entity at $120b.

[Wrestleknownothing]

2 hours ago, headshuck said:

xAI Holdings set to raise $20b potentially valuing the combined entity at $120b.
 

Beat me to it. I was just going to post this.

I would not be surprised if a  big chunk of that $20 billion will go to paying off Twitter debt. Debt service at the end of last year was $1.3 billion per year. And with interest rates higher now, that number will go up.