“Can we pour one out for the lawyers?”

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.3 • 3.1K Ratings

🗓️ 14 April 2022

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Elon Musk offers to take Twitter private in an all-cash deal. (0:14) Dylan Lewis and Bill Mann break down: - The details of Musk’s offer. - How the market is pricing in the probability of this takeover. - The issues at Tesla that may also warrant Musk’s attention right now. (14:02) Ricky Mulvey interviews Asit Sharma about how investors can find stocks with “escape velocity,” and one cybersecurity company that may have “overcome gravity”. Stocks: TWTR, TSLA, GS, NVDA, CRWD Host: Dylan Lewis Guests: Bill Mann, Asit Sharma, Ricky Mulvey Engineers: Dan Boyd, Tim Sparks Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	The Twitter Elon Musk saga just got a lot more interesting.
0:09.2	Motley full money starts now.
0:11.2	I'm Dylan Lewis and I'm joined by Motley Fulls senior analyst, Phil Mann.
0:18.0	Phil, it's not every day that one of the richest people in the world decides to make
0:22.2	an offer on one of the most visible media brands in the world.
0:25.8	I don't know what you're talking about, Joan.
0:28.1	I haven't seen this news at all.
0:30.1	You're going to have to enlighten me.
0:32.1	Well, for anyone who maybe didn't check the internet today in a letter to the chairman
0:37.8	of Twitter's board yesterday, Elon Musk wrote, I am offering to buy 100% of Twitter for
0:42.5	$54.20 per share in cash, a 54% premium over the day before I began investing in Twitter,
0:49.4	a 38% premium over the day before my investment was publicly announced.
0:53.6	My offer is my best and final offer.
0:55.5	And if it is not accepted, I would need to reconsider my position as a shareholder.
1:00.2	Twitter has extraordinary potential.
1:02.2	I will unlock it.
1:04.0	Bill, what was your first impression hearing about this?
1:06.6	I think, first of all, we need to acknowledge that the CEO of Twitter, Paragogger Wall,
1:11.6	has had perhaps not the paternity leave that he was expecting when he announced in February
1:18.6	that he was going to take some time off for the birth of his second child.
1:22.1	He's been busy thanks to Elon Musk.
1:24.9	So this $41 billion cash offer for $54 is something that the board at Twitter is going
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.