Dogecoin founder Jackson Palmer sees Musk’s offer to Twitter as a hostile takeover

On April 15, Dogecoin co-founder Jackson Palmer called Musk’s Twitter offer a “hostile takeover.” Jackson Palmer tweeted: “Associating any kind of ‘freedom’ with the launch of a hostile takeover by the world’s richest man, forcing one of the largest public social media platforms to privatize, requires quite a deep mental exercise. “It was previously reported that Musk plans to buy Twitter for $54.20 per share in cash and initiate a vote on Twitter. Saudi Prince Al Waleed bin Talal Al Saud, who holds a 5.2% stake in Twitter, and Goldman Sachs both believe that Musk’s bid is too low.

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