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pill filing states that the Official Space t rex wearing space helmet with planets T-shirt Furthermore, I will do this plan is meant to “protect stockholders from coercive or otherwise unfair takeover tactics” but would not “interfere with any merger, tender or exchange offer or other business combination approved by the Board.” “Given Musk’s antics over the years as well as comments at last week’s TED conference, [Wall] Street remains skeptical on this bid and more details need to be highlighted to get more investors on board and increase pressure on the Board,” Ives said in his Sunday note. Stunt or strategy? What Elon Musk wants from Twitter He could make his offer more compelling by partnering with a private equity firm on the bid, which would help clarify how the deal would be financed, and potentially upping his offer price, according to M&A experts. Some followers of the saga have suggested that Musk could team up with technology investment firm Silver Lake, which worked with Musk on his unsuccessful proposal to take Tesla private in 2018, although the fact the firm’s co-CEO, Egon Durban, sits on Twitter’s board could complicate matters. Asset management and lending firm Apollo Global Management has been contacted by several parties considering bids for Twitter about potentially assisting with financing a deal, a source familiar with the firm confirmed to Business Monday. It’s not clear whether those are parties to a Musk-connected offer or other bidders. (The Wall Street Journal first reported Apollo’s potential involvement Monday.) Still, such a scenario could present challenges because Musk and a potential private equity partner would have to agree on the future vision and strategy for Twitter. “The board would probably have to consider this if a higher offer came in with partners,” said George Geis, a professor of strategy at UCLA Anderson. But, he added, “if there are additional partners, they all have to agree on what they’re going to do with Twitter strategically and it’s an extraordinarily complicated environment, given the political dimension of the transaction and
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