WWE Hall of Famer and current podcast host Eric Bischoff waded into the Elon Musk Twitter offer situation yesterday with a tweet asking about potential recourse of shareholders in the event of a rejection by the Twitter board.
Bischoff asked, “Curious. If the board at @twitter, as fiduciaries, rejects the @elonmusk offer, do shareholders have legal recourse?”
The tweet by Bischoff received a great deal of attention, including by Musk himself who ultimately ended up liking the tweet.
When it was brought to Bischoff’s attention, he responded in a quote tweet, “I’ve begun my social media journey. #SrictlyBusiness@adfreeshows“
I've begun my social media journey. #SrictlyBusiness @adfreeshows https://t.co/PAyxI8uv41
— Eric Bischoff (@EBischoff) April 15, 2022
Ultimately, Bischoff received a number of responses, perhaps in part due to Musk liking the tweet.
One Twitter user told Bischoff, “So you’re saying @elonmusk is paying the wrong price (too high). I suspect he’s smarter than you…”
Bischoff responded briskly, “I’m not ‘saying’ anything. I asked a question dipsh*t. And yes, he’s obviously smarter than me. But his hair game is weak at best.”
I’m not “saying” anything. I asked a question dipshit. And yes, he’s obviously smarter than me. But his hair game is weak at best. https://t.co/6zk4DzklG1
— Eric Bischoff (@EBischoff) April 14, 2022
Another Twitter user explained, “Yes, Their financial company told them to sell if offered $30 a share. Musk offered $54 a share, which is higher than today’s closing price of $45. It’s a win win for stockholders and musk and they would be acting against their responsibility.”
“I smell class action drama,” Bischoff declared.
Bischoff then retweeted a Zerohedge tweet that said, “Well this is awkward: TWTR board hired Goldman to “advise” it that the @elonmusk $54.20 offer is too low. Only problem: Goldman has a SELL rating with a $30 price target. Oops.”
I smell class action drama. https://t.co/imJ4QcZtbS
— Eric Bischoff (@EBischoff) April 14, 2022
— Idenho (@_Destino84_) April 14, 2022
Twitter user Erik Vynchkier also tried to come at Bischoff and told him, “They can sell their shares irrespective of what the board says or thinks or does.”
Bischoff shot back to the Vynchkier, “That wasn’t the question. But I do know why you wouldn’t want to show your face,” referencing the fact that his profile picture was blank.
That wasn't the question. But I do know why you wouldn't want to show your face. https://t.co/69XPCwTdcm
— Eric Bischoff (@EBischoff) April 15, 2022
Former WWE commentator and champion John Layfield quote tweeted Bischoff’s first comeback tweet and said, “From an unbiased point of view-I have to say Eric’s reply game is in top form.”
“Twitter needs a ‘stomp’ button of approval, a cowboy boot emoji stepping into a cow patty, for when someone decimates a troll,” Layfield insisted.
From an unbiased point of view-I have to say Eric’s reply game is in top form. Twitter needs a ‘stomp’ button of approval, a cowboy boot emoji stepping into a cow patty, for when someone decimates a troll. https://t.co/WzAkaxeNdf
— John Layfield (@JCLayfield) April 14, 2022
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