American Thinker- A conservative hedge fund manager, known as a ‘vulture’ and ‘financial terrorist‘, based on his history of tormenting socialists, has suddenly got his sights on Twitter.
Couldn’t happen to a nice bunch of woke, hostile, leftists.
Here’s the Wall Street Journal take on what’s happening now:
Elliott Management Corp. has nominated four directors to the board at Twitter Inc., according to a person familiar with the matter, setting the stage for a potential showdown between one of the most prolific and pugnacious activist hedge funds and the influential social-media company.
Elliott has taken a roughly $1 billion stake and been in talks with Twitter management about its desire for the company to find a full-time chief executive officer, the person said. That most likely would involve replacing co-founder Jack Dorsey, who began a second stint as the company’s CEO in 2015. In addition to his role at Twitter, Mr. Dorsey leads Square Inc., a financial-technology firm he also co-founded.
Here’s the much more entertaining Daily Caller take:
A Republican donor reportedly purchased a major stake in Twitter with the intention of pushing out CEO Jack Dorsey, who the billionaire says is too distracted with other ventures.
Activist investor Elliott Management wants to make changes at the social media company, the Bloomberg News report noted Friday, citing sources familiar with the matter. Paul Singer, the billionaire behind Elliott, once opposed President Donald Trump’s campaign but has since grown more supportive.
Here’s the missing take:
I remember talking to this guy (or his people) back in my bond-market reporting days in the early 2000s, based on his tough stance of making Argentina’s lefty socialists pay their bills after their 2002 default. read more
As much as i would love to see Singer go nuclear on that company, the reality is that almost all of twitter’s employees are flaming liberals so there is no way to make it a fair place to post ideas. That will never happen. And Singer won’t destroy a company that he invested a billion dollars in, so……nothing will change.
And he’s no Trump supporter.
Isn’t Paul Singer the one that destroyed Cabelas and cost a thousand people their jobs?
Gee, here I tho’t maybe Twit would allow some of us rejects back. Maybe not if he’s anti-Trump. How ironic. Twitter would be NOTHING without DJT.
@ refuse/resist MARCH 4, 2020 AT 10:29 AM
He did.
I don’t know if it is his influence, or that the BP culture just took over, but Cabela’s pretty much has lost it’s appeal to us too.
I traded w/Johnny Morris back in the days when he had a small advertisement in the back of Bassmaster magazine. I used to call and would get his mother on the phone saying: Johnny is … right now. Let me get your phone number and he will call you back. Once Bass Pro Shops became larger I have never done much with them. We have a BP right in town and I drive past it to Cabela’s.
My oldest daughter said the other day: Dad, Cabela’s isn’t much fun any more, and we hardly ever buy anything. She is right. We still stop in almost every Sunday on our way to church, but BP private label merchandise is the same half-assed crap you find at Walmart or mall type sporting goods stores. Their name brand merchandise can be bought at other locations cheaper. Cabela’s private label stuff was frequently exactly what we were looking for. The BP stuff, other than fishing tackle, rarely is. Actually never is.
On top of that when I go into Cabela’s there aren’t all that many customers there any longer.
Bye Jack!
@jdhasty
I agree
I to was saddened when bp bought cabelas
there goes any semblance of competition