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Jim Cramer Speaks Out Against Elon Musk’s Twitter Deal

Cramer is speaking out about the Elon Musk Twitter deal after reportedly submitting a new proposal to buy the platform for $44 billion.

Ryan Hedrick

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“Mad Money” host Jim Cramer is speaking out about the Elon Musk Twitter deal. Earlier this week, Musk reportedly submitted a new proposal to buy the platform for $44 billion after backing out of a deal to purchase the company several months earlier. 

Musk contended that Twitter undercounted the number of fake bot accounts on the platform, Twitter responded by accusing Musk of acting in bad faith and backing out of the deal because the markets were turning. 

With a case in Delaware Chancery Court pending, Musk’s deposition scheduled for Thursday and Friday in Austin, Texas has been placed on hold. 

“The answer is the Chancery is just going to hold him to everything and he realizes that he made a big tactical mistake in not understanding the Delaware law favored the incumbent,” Cramer said via Mediate. 

“It wasn’t like he suddenly realized ‘well, holy cow, I really want the asset.’ He was going to have to pay for the asset no matter what,” he added. 

According to the New York Post, representatives for Musk and Twitter were still negotiating the takeover deal through late Wednesday, with no immediate resolution in sight.

“People I know who practice in that court thought Musk was making an ill-advised campaign to get the stock price lower and that there was no reason whatsoever for the people who run Twitter to say ‘you made a deal, now you can’t break it,’” Cramer said.

A trial scheduled for Oct. 17 will reportedly begin. 

News Radio

Howard Stern Reveals MSNBC Go-To Source for News

Stern told “Morning Joe” in an extensive interview that MSNBC is the network for him regarding cable news consumption.

Eduardo Razo

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SiriusXM radio host Howard Stern told “Morning Joe’s” Joe Scarborough and Willie Geist in an extensive interview that MSNBC is the network for him regarding cable news consumption. 

Stern stated that he’s a major fan of “Morning Joe” and went the extra mile to say that he and co-host Joe Scarborough share the same political idealogy.

“I watch you guys every morning,” Stern said (h/t Mediaite). “I really enjoy the show. Oddly, I agree politically with almost everything Joe says. I don’t think there’s much difference there.”

The radio host thanked MSNBC for providing him with what he loves: 24/7 news. Additionally, Stern offered a shoutout to network host Symone Sanders and stated he’s no fan of Dateline repeats.

“By the way, I want to give a shoutout to MSNBC,” Stern added. “Thank God you don’t play the old Datelines anymore on the weekends. I like news. I watch this channel exclusively for news. I tune out on the weekend. 

“It’s like all news stuff. I’m watching old Datelines. I like when you guys are onI like news 24/7, and now I find I’m getting it. I get Symone on the weekend. Big fan of hers. Symone coming on strong. What can I tell you? I know the whole lineup.”

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News Radio

Trespassing Charges Against John DePetro Dismissed

DePetro have been dismissed as he faced a trespassing charge related to an incident over the summer during a Monday court hearing.

Eduardo Razo

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Charges against John DePetro have been dismissed as the radio host faced a trespassing charge related to an incident over the summer during a Monday court hearing.

DePetro was arrested in mid-August outside a home on Staples Avenue in Warwick.

Police searched the house several months earlier as part of an investigation into the disappearance of Charlotte Lester, who has been missing for six months.

“I respect our justice system and respect law enforcement, specifically the Warwick PD,” DePetro said on Twitter. “The search for Charlotte Lester continues as I resume efforts searching for answers into her disappearance and holding Mark Perkins accountable for his actions against myself and Ladybug.”

The man who lives there, Mark Perkins, was also arrested the following day after he allegedly charged at DePetro with a lawnmower while DePetro was live-streaming. 

Unlike DePetro, who had his charges dismissed, Perkins still faces an assault charge, according to court records.

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News Radio

Oklahoma’s The Eagle 96.9 Rebrands as Freedom 96.9

KZLS started simulcasting on KQOB at the beginning of this year after the 96.9 signal was leased to Citadel and Cumulus Media for nineteen years. 

Eduardo Razo

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Champlin Broadcasting Conservative Talk The Eagle 96.9 KQOB Enid/Oklahoma City and 1640 KZLS Enid will look a little different for its listeners as the station has rebranded.

Rather than calling itself The Eagle 96.9, the radio station will now be known as Freedom 96.9 (h/t Radio Insight). KZLS started simulcasting on KQOB at the beginning of this year after the 96.9 signal was leased to Citadel and Cumulus Media for nineteen years. 

The station features a syndicated lineup, including Hugh Hewitt, Brian Kilmeade, Dan Bongino, Mike Gallagher, Joe Pags, and Bill O’Reilly. Furthermore, with the rebrand possibly comes a new addition.

Freedom 96.9 is teasing the addition of Dana Loesch to the lineup as well to enhance the rebrand further as the station begins a new chapter as it provides news/talk to the residents. 

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