-
Twitter Reconsidering Purchase Offer From Elon Musk As The Two Sides Meet: Report
Sunday, April 24, 2022 - 3:25pm | 543Twitter Inc (NYSE: TWTR) company officials are reconsidering the offer from Tesla Inc (NASDAQ: TSLA) CEO Elon Musk to purchase the company for $43 billion. What Happened: After initially rejecting Musk’s proposal, The Wall Street Journal reports that “the two sides” are meeting on...
-
If You Invested $1,000 In Twitter When Jack Dorsey Stepped Down, Here's How Much You'd Have Now (Plus: Would You Make Money From Musk Bid?)
Friday, April 22, 2022 - 10:51am | 736Social media platform Twitter Inc (NYSE: TWTR) continues to be in the headlines with a confirmed bid and more rumors of takeover offers. Here’s how shares of the company have performed since co-founder Jack Dorsey stepped down. What Happened: Jack Dorsey served as the CEO of Twitter on...
-
This Twitter Board Member Hasn't Used His Verified Account; Called Out For Not Using Own Product
Sunday, April 17, 2022 - 8:58am | 443Many founders and Board members of publicly traded companies know and use the products owned by their companies. Although, one company currently in the spotlight is getting called out for a Board member not using the product he represents. What Happened: Twitter Inc (NYSE: TWTR) Board of Directors...
-
Musk Reacted To His Own 2017 Tweet About Twitter: 'How Much Is It?'
Saturday, April 16, 2022 - 1:47pm | 394On Saturday, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk responded to a tweet thread from December 2017 in which he expressed his admiration for Twitter Inc (NYSE: TWTR) and asked how much it cost to buy the company. Musk used an upside-down smile emoji to react to that tweet. According to...
-
What Prompted Fred's Pharmacy To Take The 'Poison Pill' And Adopt A Shareholder Rights Plan?
Tuesday, December 27, 2016 - 9:54am | 397Fred's, Inc. (NASDAQ: FRED), the relatively small discount retailer and pharmacy chain, saw its market cap soar from $450 million to $1.3 billion on December 20 after the company announced a blockbuster deal in which it will buy more than 800 retail locations from Walgreens Boots Alliance Inc (...
-
Pier 1 Picked The Wrong Time To Go On A Spending Spree
Friday, September 30, 2016 - 1:39pm | 386Pier 1 Imports Inc (NYSE: PIR) picked a bad time to start handing out $1 million cash bonuses to its failing executive team. According to Gadfly's Shelly Banjo, Pier 1 Imports, the struggling home-decor retailer, just handed out a cool million bucks to three top executives as a retention bonus....
-
Family Dollar Responds To Icahn With Poison Pill
Monday, June 9, 2014 - 10:22am | 326Shares of Family Dollar (NYSE: FDO) and Dollar General (NYSE: DG) are flying higher after Carl Icahn announced a 9.39 percent position in Family Dollar. Analysts across Wall Street are speculating on a merger between the firms; Jefferies speculates a deal could add $1.2 billion of synergies....
-
Sozzi: Amid Lowered Poison Pill Threshold, JC Penney Highlights Apparent Disconnect Between Value And Assets
Tuesday, January 28, 2014 - 1:10pm | 520On Tuesday, JC Penney (NYSE: JCP) lowered the threshold on its existing shareholder rights plan, or poison pill, and extended its expiration date. “The amendments to the Company's rights plan include extending the plan's expiration date from August 20, 2014 to January 26, 2017, and lowering the...