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It’s a crazy morning of news but I for one am thrilled for Twitter and @jack and @omidkordestani and all my ex-tweep colleagues there.
— Sriram Krishnan (@sriramk) March 9, 2020
?❤️
Listen to me and @profgalloway tomorrow as we have more thoughts https://t.co/CXFmsIeJBk
— Kara Swisher (@karaswisher) March 9, 2020
Twitter strikes deal to keep Jack Dorsey as CEO, after an activist hedge fund recently agitated for leadership change at the company. https://t.co/pMFGrQHALB
— NBC News (@NBCNews) March 9, 2020
The agreement calls for Twitter to appoint two new board members, with a promise to search for a new independent director, and make $2 billion in share repurchases. https://t.co/KcCXQQLOQE
— Anthony DeRosa ? (@Anthony) March 9, 2020
BREAKING: Elliott ending battle with Twitter pic.twitter.com/XrHL3Gd6O9
— Sally Shin (@sallyshin) March 9, 2020
This is a very temporary cease fire: A new board committee - which includes the guy who wants to fire Dorsey - will evaluate Dorsey's performance, and report back by the end of year. https://t.co/XvBYApqwkz
— Peter Kafka (@pkafka) March 9, 2020
So happy to hear - @Jack will continue to be CEO of Twitter. https://t.co/7gmGULK0nL
— Vijay Shekhar (@vijayshekhar) March 9, 2020
Twitter gets deal with Elliott. Silver Lake also investing $1 billion. Elliott and Silver Lake each get a board seat. Dorsey stays CEO.https://t.co/dWVK3JaswW
— Steve Kovach (@stevekovach) March 9, 2020
Twitter has a new goal to increase mDAUs 20% https://t.co/dWVK3JaswW
— Steve Kovach (@stevekovach) March 9, 2020
Silver Lake is excited to partner with @Twitter by investing and joining the board and we look forward to working alongside @Jack and the whole team to drive long-term innovation and success at this revolutionary company. More here: https://t.co/k9W9VJl6ui
— Silver Lake (@silverlake_news) March 9, 2020
If you’d followed activist investor Elliot’s campaign against AT&T you won’t be surprised / should have anticipated the settlement with Twitter ... Elliot hasn’t really gotten the things it has fought for https://t.co/q1DEXqcbgl
— Edmund Lee (@edmundlee) March 9, 2020
It’s great that there won’t be a protracted investor battle for the future of Twitter. But with $2B it certainly feels like Twitter could spend that better on aggressive M&A or R&D instead of stock buybacks. So much more to build https://t.co/SQVLOUtGu8
— Josh Elman (@joshelman) March 9, 2020
Turns out the thing Twitter really needed was debt-funded share buybacks ?♂️ https://t.co/zPahVkNqJY pic.twitter.com/WqTFLWbj5J
— kadhim (＾ｰ^)ノ (@kadhim) March 9, 2020
U.S. fund Silver Lake has been busy. Few months after buying $500m stake in Man City, it makes $1 billion investment in Twitter, https://t.co/3XtctFGyu5
— tariq panja (@tariqpanja) March 9, 2020
Guy who wants to fire Twitter CEO @jack Dorsey just got a seat on Twitter's board of directors. But instead of firing Jack (for now) Twitter will buy $2 billion worth of its own shares. https://t.co/xxtpAMS5ZD
— Peter Kafka (@pkafka) March 9, 2020
Twitter CEO Dorsey will keep his position after company strikes investment deal with Elliott Management, Silver Lake
— Ali (@ali) March 9, 2020
Some of y'all got played by an amateur PR ploy https://t.co/SklbVTbm5p
Twitter will appoint 3 new directors to its board as part of its truce with activist investor Elliott and private equity firm Silver Lake https://t.co/kat9w5ocBA
— Bloomberg Asia (@BloombergAsia) March 9, 2020
Jack Dorsey to remain Twitter CEO after all https://t.co/t88CuzdEuK via @CNET
— SheepDog Society (@SheepDogSociety) March 9, 2020
The real reason that $TWTR needs an activist is that Apple might tighten the tourniquet on mobile ad tracking. This doesn't have anything to do w/ @jack! This has to do w/ @mopub -- but it's a good cover while they defensively sort out adtech changes. https://t.co/9YGwq3Ciwy
— Beth Kindig (@Beth_Kindig) March 9, 2020
The most important thing from an investor standpoint: Silver Lake is making a billion-dollar investment in Twitter at a time when the market is in complete panic mode,” said Richard Greenfield, a partner at LightShed.$TWTR @jack
— Rich Greenfield, LightShed (@RichLightShed) March 9, 2020
Thnx @kateconger @nytimeshttps://t.co/cChXViVRuK
Twitter has fought off another effort to push Jack Dorsey out: https://t.co/yDTPoKy7uN
— kate conger (@kateconger) March 9, 2020
1/ This is a great day for @twitter shareholders and the commonwealth.
— Scott Galloway (@profgalloway) March 9, 2020
"Twitter, Inc. Announces Partnership With Silver Lake and Elliott Management"
Ok, let's break this (announcement from @twitter) down:https://t.co/XsZDoemS5A
NOTHING GOOD WILL COME OF THIS...
— File411 (@File411) March 9, 2020
Twitter, Inc. Announces Partnership With Silver Lake and Elliott Management https://t.co/v3HETGxyTU
Twitter Jack May Keep His Job After All With Billion Dollar Buyback https://t.co/RBHWMJ7QdJ
— God's girl158 (K) (@Godsgirl158) March 9, 2020
Twitter announces partnership with Silver Lake and Elliott Management: https://t.co/mBOsjavmNZ
— Twitter Investor Relations (@TwitterIR) March 9, 2020
Breaking: Silver Lake to make $1 billion investment in Twitter. Twitter to add 3 new directors to board in pact with Silver Lake and Elliott Management:https://t.co/C1Ma5g6Cus
— Jon Erlichman (@JonErlichman) March 9, 2020
Interesting turn of eventshttps://t.co/Cy1yz4wotT
— kjw49419 (@tkjw49419) March 9, 2020
Twitter has struck a deal with Silver Lake and Elliot Management that will allow CEO Jack Dorsey to remain in his position.https://t.co/MDJzxA0eBi
— Axios (@axios) March 9, 2020
Twitter CEO Jack Dorsey gets to keep his job — for now https://t.co/kwtqHkLQnk
— Vox (@voxdotcom) March 9, 2020
Twitter CEO Jack Dorsey gets to keep his job — for now https://t.co/3j8i5qMDc1
— Recode (@Recode) March 9, 2020
With stiff financial targets to hit I’d say Dorsey isn’t going to kick rainmaker & Liar In Chief, Trump off of TWITTER. It’s all about the ?right Jack! https://t.co/roDIJBPERp
— DougDooganuchi (@DougDooganuchi) March 9, 2020
Twitter strikes deal with activist investor to keep Jack Dorsey as CEO https://t.co/ksHYzlVb5D via @nbcnews
— Eyes On Q ?? (@EyesOnQ) March 9, 2020
Twitter strikes deal with activist investor to keep Jack Dorsey as CEO https://t.co/jib7G6DjDl via @nbcnews
— ???Lesa Robertson??? (@LesaRobertson20) March 9, 2020
Twitter and Elliott have struck a deal that will keep Jack Dorsey as CEO, for now: https://t.co/J7BwRvmABP ... Temporary win for @Jack, but as @pkafka notes below... we could be back here again very soon. https://t.co/DmYLeN0rZe
— Dylan Byers (@DylanByers) March 9, 2020
Story: Twitter reaches deal with activist investor Elliott to keep Jack Dorsey in place as CEO. https://t.co/LjIvAWHUxK
— CNBC Now (@CNBCnow) March 9, 2020
Jack Dorsey氏がCEOの座から蹴落とされそうになってたけど、
— 今村咲 (@saki_imamura) March 9, 2020
＊Silver Lakeが10億ドル出資
＊Twitterは20億ドルを自社株買いに充てる
＊Elliott ManagementとSilver Lakeが取締役会の座席獲得
ということで合意して、CEOの座はそのままに。https://t.co/MTCKGmquWe https://t.co/S1r0rnu5M2
Twitter strikes deal with Elliott and Silver Lake, Dorsey remains CEO ☹️ https://t.co/nCmcfvn8jX
— Ava Armstrong, Author™ (@MsAvaArmstrong) March 9, 2020
Twitter, Elliott Management reach deal that leaves CEO Jack Dorsey in place.https://t.co/pKD77x79zU
— ALX ?? (@alx) March 9, 2020
Jack Dorsey keeps his job after Twitter strikes investment deal with Elliott Management, Silver Lake.
— Don Purser (@DGPurser) March 9, 2020
Twitter’s board will create a temporary committee “that will build on our regular evaluation of Twitter’s leadership structure."
STOP THE BIAS!https://t.co/A8KJ5MFvwH
Twitter CEO @Jack Dorsey keeps his job after company strikes investment deal with Elliott Management, Silver Lakehttps://t.co/LuUIx9ASb1
— Culttture (@culttture) March 9, 2020
Twitter strikes deal with Elliott and Silver Lake, Dorsey remains CEO https://t.co/EVddmKJ2F5
— ?? Naomi Litvin ?? #Cult45 (@realNaomiLitvin) March 9, 2020
Twitter strikes investment deal with Elliott Management, Silver Lake after attempt to oust CEO Jack Dorsey - @CNBC https://t.co/fodE9WgWNI
— Anthony DeRosa ? (@Anthony) March 9, 2020
I had high hopes that the twitter investors would bring in some kind of shake up or changes. Not looking as promising now that Jack is staying on. https://t.co/Uq1wk10lP0
— Deplorable Resistor ?????? (@DeplrbleRzistr) March 10, 2020
Twitter's policies, including those banning hate speech, racism, inauthentic accounts and harassment, have resulted in the company pushing many well-followed members of the far-right off the platform.
— ConservativeActivist (@ConservActs) March 10, 2020
ME: Jack will get fired if things don't change quick!https://t.co/cNKgrCUTeC
UPDATE: Twitter CEO Dorsey keeps his job after company strikes investment deal with Elliott Management, Silver Lakehttps://t.co/4z3C2lUUEw
— Neal Houston, PhD ?? ⭐⭐⭐ (@DrNealHouston) March 10, 2020
Twitter strikes investment deal with Elliott Management, Silver Lake after attempt to oust CEO Jack Dorsey https://t.co/lddAVdtmt0
— lunamoth (@lunamoth) March 9, 2020
잭 도시, 트위터 CEO 직 계속 유지하게 됐군요. 추가로 실버레이크에서 10억 달러 (1조 2,015억 원) 투자. mDAU 20% 향상 목표
ICYMI
— Hunter Horsley (@HHorsley) March 10, 2020
The latest episode of the absurdity of public markets and buybacks.
"Although Twitter did not need to raise new capital, the company viewed Silver Lake’s $1 billion investment as an opportunity to return more capital to investors"https://t.co/5fUQw4j1Ak