Fox News “Unfiltered” host Dan Bongino criticized left-leaning pundits for their stance on Elon Musk’s $43 million bid to buy Twitter.
Bongino scolded critics during a segment on Saturday’s show, claiming that Musk has done everyone a favor by “putting hard cash on the table.”
“He’s offering to give you a massive premium on what you paid for the share prices,” said Bongino. “So, now you want to be woke — you’ve got a couple of choices here.”
Last week, following Musk’s proposal to buy Twitter, the company’s board adopted a limited-term shareholder rights plan called a “poison pill.” The move allows the company’s other shareholders other than Musk to acquire more shares at a relatively low price.
“There’s a price for being woke, folks,” said Bongino. “You want to be woke; you want to run Twitter your way? Well, you can run it into the ground because Elon Musk just put hard cash on the table. He’s offering to give you a massive premium on what you paid for the share prices.”
Musk still owns a little more than 9% of Twitter. The “Poison Pill” provision will kick in if Musk or any other investor acquires 15% of the company or more.