Twitter's board has indicated it doesn't want to sell the company to Elon Musk. Now, even more than in most corporate dramas, anything truly seems possible.
What Elon Musk’s next move will be in his standoff with Twitter is the question on the lips of the most-connected people in Silicon Valley and Wall Street this weekend. “This is the type of process that’s going to become incredibly disruptive and drags on,” says one former high-ranking Twitter executive, observing happily from the sidelines. It could be any of the three above. Or a mix. Or something else entirely.
“We realize that a take-it or leave-it offer is not ultimately how shareholders or a board of directors want to negotiate, but we would urge both to take this offer and run,” says analyst Michael Nathanson, one of the sharper-minded observers of the digital media realm.As it turns out, he was being serious about the “last and final” nature of his intentions. This was all some sort of expensive digital performance art/trolling. He’s had his fun.
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