Republican Donor Buys Stake In Twitter, Folks on the Left Have a Meltdown

FILE – In this May 12, 2014, file photo, Paul Singer, founder and CEO of hedge fund Elliott Management Corporation, speaks at the Manhattan Institute for Policy Research Alexander Hamilton Award Dinner in New York. Prominent athenahealth investor Elliott Management Corp. is offering about $6.5 billion to take the medical billing software maker private after saying it has grown frustrated with the company’s performance. Shares of athenahealth soared early Monday, May 7, 2018, after the shareholder outlined its proposal. (AP Photo/John Minchillo, File)

Major Republican donor Paul Singer has just purchased a big stake in Twitter and is reportedly pondering changes, among them getting rid of the present CEO, Jack Dorsey, according to a report in The Guardian.

Singer is the founder of Elliott Management and is a Trump supporter now, although he didn’t start out as one, originally he was not in favor of President Donald Trump.

The president announced that Singer had become a supporter after a visit to the White House in February 2017. “He’s given us his total support and it’s all about unification.”

Singer is reportedly unhappy with Dorsey’s leadership, including his split attention because he’s also in charge of Square, an payment company and that Dorsey wants to live part of the year in Africa. Twitter’s share price has suffered, although it recently picked up quarterly revenue.

The news of Elliott Management’s buy brought the share price up.

But folks on the left were having a meltdown over the news.

Gotta love the left freaking out. It’s unlikely that he would do anything radical but their freakout is funny.

HT: Twitchy