I really hate bad news. The country is so full of bad news and buzzkill stories these days, adding another one just bums me out. Sadly, it’s 2022, and here we are!
Free speech is under assault in America daily. We know this. At least, to accurately state it, us on the right know it. Mostly because it’s the left, and social media giants working as their mouthpieces, that are attempting to choke out our right to free speech. Something about mis/disinformation. Never heard of it.
A few months ago, a potential “white knight” rode in on his rocket with promises to restore free speech on Twitter. You remember Twitter, right? It’s the place to go if you want to be shouted down and berated for having ANY differing opinions. Cool, right?
Well, not so fast it appears. Disturbing news Friday where free speech is concerned. Let’s go to Outkick for the bad news:
Speculation about the proposed purchase of Twitter by billionaire Tesla founder Elon Musk has been rampant in recent weeks.
Musk has made repeated public comments complaining about the company’s refusal to provide data on the percentage of spam accounts, leading to concerns about the deal’s completion.
Today those concerns seemingly came true, as Musk sent a letter to Twitter expressing his intent to withdraw from the purchase.
This is bad news indeed. Musk provided the ONLY glimmer of hope that Twitter could be fixed. In its current iteration it’s nothing more than a fake landscape of bots and paid influencers attempting to push a far-left agenda.
BREAKING: Elon Musk has officially terminated his $44 billion deal to buy Twitter. https://t.co/y5TGzlPed6
— IGN (@IGN) July 8, 2022
Musk recognized this, but apparently underestimated how many fake accounts there were, and in Twitter’s failure to be transparent, decided to call it quits.
“Mr. Musk is terminating the Merger Agreement because Twitter is in material breach of multiple provisions of that Agreement, appears to have made false and misleading representations upon which Mr. Musk relied when entering into the Merger Agreement, and is likely to suffer a Company Material Adverse Effect.”
For Twitter’s part, the company’s board announced on Friday that they intend to sue Musk to ensure the deal goes through as per the original agreement.
While this might seem like a fatal blow, Musk could simply be attempting to negotiate a better price for the company. $44 billion was always seen as a potential overpay, and with the recent collapse in share price, he could be trying to recoup some of the potential loss in value.
This story syndicated with permission from robm, Author at Trending Politics
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