Saudis ‘second largest investors’ in Twitter after Musk takeover - Kingdom Holding Company and the private office of Prince Alwaleed bin Talal will maintain their stake in Twitter after Musk took control of the social media company.

submitted by neolib from aljazeera.com

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[–][deleted] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (13 children)

I am curious what rights Mr Al Waleed has in Twitter because of his stock ownership.

Does he have voting rights, etc?

What decisions can he make because of his stock ownership?

Is Mr Al Waleed's decision ever override that of Mr musk?

Also, could we force him to sell his stock back to mr musk?

Could we dilute or devalue his shares so much that he buckles at the knees and begs to sell his stock back?

Can the stock somehow be bought back, with or without Mr Al Waleed's request or consent?

[–]neolib[S] 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (12 children)

Saudi Arabia’s Kingdom Holding Company (KHC), along with the private office of Prince Alwaleed bin Talal, will continue their ownership of Twitter shares valued at $1.89bn

Looks like their share is much smaller than Musk's.

[–][deleted] 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (11 children)

I appreciate your response.. I am curious to know exactly what rights Mr Al Waleed has and doesn't have.

If you know, ...

[–]neolib[S] 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (10 children)

I don't know - but they owned this stake for many years:

Prince Alwaleed bin Talal, the Saudi billionaire and an investor in some of the world’s top companies, has bought a stake in microblogging site Twitter for $300 million, gaining another foothold in the global media industry.

https://www.reuters.com/article/us-twitter-alwaleed-idUSTRE7BI0EF20111219 (Dec 2011)

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (9 children)

My primary interest is that Mr Waleed probably is at least borderline pissed... That article said(I think) that he was one of the founding investors... And now Mr musk has terminated a couple of Mr Al Waleed's top lieutenants.

It is possible that Mr Waleed just lost controlling interest in Twitter and maybe he ain't really happy right now.

I am telling you, just like I have said a million times, that this tranny revolution and the woke revolution and the "we hate Jews" revolution was hand cultivated by Mr Al Waleed

Fyi, Muslims HATE Jews, do not doubt it.

They drool over the idea of enslaving or killing all Jews.

[–]neolib[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (8 children)

Well, maybe Musk will tell us about Saudi role in shaping of Twitter policies at some point. Otherwise we can't know about that without some whistleblowing or something.

[–][deleted] 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (7 children)

Let me ask you this... Are the details of the Twitter board meetings public? I am guessing not..

Let me ask this another way... Keep in mind that I have never owned a single share of any stock in my lifetime... But let's say that I were to purchase one share of Twitter stock or I were to purchase a million shares or I were to put hase one hundred million shares of Twitter..

What rights do I have as a director of Twitter at each level and what determines these rights?

[–]neolib[S] 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (6 children)

And again I don't know, and don't feel like digging into that right now lol. But I think there's some "voting with your amount of shares" process, or maybe I'm wrong.

[–]HongPongHooey 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (5 children)

Good answer.. just so I am clear, I have done some fairly extensive reading about Mr Al Waleed and my opinion is that he should be regarded as a blood thirsty predator in the board room and that you should NEVER put your guard down and regard him as friendly.

he should be bought out at any price and should be removed from the company as soon as possible.

the company should buy back all stock as soon as possible and should be controlled internally only.

[–][deleted] 3 insightful - 3 fun3 insightful - 2 fun4 insightful - 3 fun -  (4 children)

I invented the toilet. I study intelligence