Morgan Stanley
| Use attributes for filter ! | |
| Web site | www.morganstanley.com |
|---|---|
| Ceo | James P. Gorman |
| Revenue | 37. 94 billion USD (2017) |
| Headquarters | New York City |
| New York | |
| United States | |
| Assets under management | 482 billion USD (2017) |
| Stock price | MS |
| Disclaimer | |
| Subsidiaries | Discover Financial Services |
| Did you know | Morgan Stanley is the sixth-largest bank in the US by total assets ($865 B). |
| Movies/Shows | The Return of Mr. Moto |
| Night Train to Paris | |
| Troubled Waters | |
| Séance on a Wet Afternoon | |
| Hair of the Dog | |
| Never Back Losers | |
| Konga | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 497203 |
About Morgan Stanley
Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in the Morgan Stanley Building, Midtown Manhattan, New York City.
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Twitter board meets Musk to discuss bid, reports say
Twitter's board reportedly met Elon Musk over the weekend to explore his $43bn (£33. 6bn) takeover offer for the Social Media platform.
After the Tesla boss first revealed his bid, Twitter's management announced a so-called " poison pill" strategy to fend off a potential hostile buyout.
Mr Musk plans to finance his bid with the backing of US lender Morgan Stanley and other financial institutions.
A spokesperson for Twitter declined to comment on the reports.
Details of how Mr Musk intended to finance his offer, which were disclosed to US regulators on Thursday, made Twitter's 11-member board seriously consider a possible deal, according to Reuters, the New York Times and Bloomberg - citing anonymous sources.
Mr Musk, who owns a More Than 9% stake in Twitter, has lined up a $46. 5bn financing package for his bid, according to a regulatory filing.
The funding will come from a mixture of his own assets and the backing of Wall Street banking giant Morgan Stanley and other firms.
A Number of Twitter shareholders reportedly contacted The Company after Mr Musk announced the financing plan and urged it not to miss the opportunity for a potential deal.
Dan Ives, an analyst at investment firm Wedbush Securities, said many investors will view the discussions " as The Beginning of The End for Twitter as a public company, with Musk likely now on a path to acquire The Company unless a second bidder comes into the mix".
A hostile takeover attempt by Mr Musk, who is The World 's richest person, would put " further pressure on the board with their backs against The Wall in this Game of Thrones battle for Twitter, " Mr Ives added.
Earlier this month, Mr Musk refused a seat on Twitter's board, which would have limited the shares he was allowed to own. He then made on 14 April.
The Next day, Twitter's board announced a plan to protect itself against a potential hostile takeover by adopting what is known as a " limited-duration shareholder rights plan" also known as a " poison pill".
The Move deters anyone from having More Than a 15% stake in The Company . It does this by allowing others to buy additional shares in The Firm at a discount.
A Takeover Bid is considered to be hostile when a person or business tries to take over another company against The Wishes of The Target firm's management.
You may also be interested in:Source of news: bbc.com
