Apr 28, 2022
If Elon Musk and Twitter get their way, the company will soon be privately held under the Tesla boss' control.
Image Source: Reuters
The most likely immediate change would be that Twitter's stock will be taken off the New York Stock Exchange.
Image Source: AP
Twitter will not then have to give regular updates about its business to U.S. regulators and to Wall Street.
Image Source: iStock
What it means for Twitter users is that the company may have more freedom to make big or unpopular changes.
Image Source: iStock
That's because it wouldn't have to worry about potential blowback from shareholders angry at a decision.
Image Source: iStock
Twitter wouldn't have to announce changes to operations that are big enough to materially change its fortunes.
Image Source: AP
Musk has already floated the idea of less dependence on advertising, which is Twitter’s main way of revenue.
Image Source: iStock
Going private would let Twitter revamp its ownership structure and start offering dual classes of shares.
Image Source: iStock
Twitter would still have a board of directors; and it should follow state-level corporate governance rules.
Image Source: iStock
Twitter need not have to stay private always. It can go back to selling its stock on the public market again.
Image Source: Reuters
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