[ April 17, 2024 ]
Checkmate!
Wall Street JournalSJ: Elon Musk’s effort to abandon his deal to buy Twitter sent shares tumbling.
The social-media company’s stock fell 11.3% to $32.65 per share, as investors prepared for what is expected to be a messy courtroom battle. That was the stock’s biggest one-day drop in more than two months; Twitter was the worst performer in the S&P 500 today. Shares were trading about 40% below the $54.20-a-share price that Musk agreed to pay in April, marking a stunning turnaround for what was considered the buzziest deal of the year.
— Elon Musk (@elonmusk) July 11, 2022
Elon Musk laughs off Twitter lawsuit threat in wake of $44bn pullout
Story continues below advertisementBy The Guardian, July 11, 2022
Elon Musk’s silence over his attempt to bail out on purchasing Twitter for $44bn is no more.
Early on Monday, the world’s richest man went on the social media platform he claims he is no longer trying to buy and fired off a series of tweets suggesting he is gearing up for the legal battle his withdrawal from the sale is expected to spur.
The Truth Must be Told
Your contribution supports independent journalism
Please take a moment to consider this. Now, more than ever, people are reading Geller Report for news they won't get anywhere else. But advertising revenues have all but disappeared. Google Adsense is the online advertising monopoly and they have banned us. Social media giants like Facebook and Twitter have blocked and shadow-banned our accounts. But we won't put up a paywall. Because never has the free world needed independent journalism more.
Everyone who reads our reporting knows the Geller Report covers the news the media won't. We cannot do our ground-breaking report without your support. We must continue to report on the global jihad and the left's war on freedom. Our readers’ contributions make that possible.
Geller Report's independent, investigative journalism takes a lot of time, money and hard work to produce. But we do it because we believe our work is critical in the fight for freedom and because it is your fight, too.
Please contribute here.
or
Make a monthly commitment to support The Geller Report – choose the option that suits you best.
Quick note: We cannot do this without your support. Fact. Our work is made possible by you and only you. We receive no grants, government handouts, or major funding.Tech giants are shutting us down. You know this. Twitter, LinkedIn, Google Adsense, Pinterest permanently banned us. Facebook, Google search et al have shadow-banned, suspended and deleted us from your news feeds. They are disappearing us. But we are here.
Subscribe to Geller Report newsletter here— it’s free and it’s essential NOW when informed decision making and opinion is essential to America's survival. Share our posts on your social channels and with your email contacts. Fight the great fight.
Follow Pamela Geller on Gettr. I am there. click here.
Follow Pamela Geller on Trump's social media platform, Truth Social. It's open and free.
Remember, YOU make the work possible. If you can, please contribute to Geller Report.
Join The Conversation. Leave a Comment.
We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spammy or unhelpful, click the - symbol under the comment to let us know. Thank you for partnering with us to maintain fruitful conversation.
If you would like to join the conversation, but don't have an account, you can sign up for one right here.
If you are having problems leaving a comment, it's likely because you are using an ad blocker, something that break ads, of course, but also breaks the comments section of our site. If you are using an ad blocker, and would like to share your thoughts, please disable your ad blocker. We look forward to seeing your comments below.
recent Comments