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Posts: 154
Twitter Deal: Musk making waves about fake account info. Possibly backing out of it. -- (link*)
Posted by
budice
Jun 6 '22, 06:31
(No message)
Seems like such a smokescreen because Tesla stock down amongst other issues as of late
(twitter.com)
Responses:
he legally can't for that reason, is my understanding, without a $1B penalty
-
colin
Jun 6, 06:39
7
Legally he can’t back out unless his loans fall through for any reason.
-
spamlet
Jun 6, 07:01
3
Was there a full financing contingency? It would be common in these deals for the financing to have very limited conditions under which it could back
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pmb
Jun 6, 07:42
1
I’m going off of what Matt Levine is saying as I never read the docs.
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spamlet
Jun 6, 07:51
It'll be amusing to see his enablers twist around from "yeah! Show em what for!" to "who would want to buy twitter anyway? More brilliance, Elon!" -- (edited)
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Reagen
Jun 6, 07:04
It’s arguable that this isn’t a reason to back out for the penalty.
-
Will Hunting
Jun 6, 06:59
And he waived due diligence! That's like not asking for an inspection on a house and then complaining there's termites. -- nm
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Reagen
Jun 6, 06:54
1
And specifically said in the offer letter he wanted to take on the spam bots.
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spamlet
Jun 6, 06:57
Honest Question: When did people decide he was the main character of the entire internet? -- nm
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MDH
Jun 6, 06:33
4
By way of analogy: there's a grade 9 class that I support but don't teach. One kid (a frequent contributor to Classroom Transcripts)
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Reagen
Jun 6, 06:49
1
your IM..
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colin
Jun 6, 06:51
He's Twitter personified. -- nm
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spamlet
Jun 6, 06:37
After the Depp-Heard trial finished, I guess. (NM)
-
Marlowe
Jun 6, 06:34
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