Elon Musk Makes Deal To Buy Twitter

Cobra427

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How odd that these 'journalists' have trouble with the concept of 'free speech.'
 


JCHLi

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No, not yet, according to him it's "on hold". According to investors (stock price 25% below the offer price) there isn't much faith he will follow through. Good news is Twitter should get $1 billion from him for walking away....
 
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nvabill

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No, not yet, according to him it's "on hold". According to investors (stock price 25% below the offer price) there isn't much faith he will follow through. Good news is Twitter should get $1 billion from him for walking away....
We shall see and doubtful he will pay them anything if he walks, they certainly don't deserve it.
 

JCHLi

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We shall see and doubtful he will pay them anything if he walks, they certainly don't deserve it.
Perhaps, anything can happen, but as with any bid to take a company private, the individual submitting the proposal has to put money at risk. In this case, the offer included $1 billion to be paid if the deal doesn't go through (even if it's because the deal was blocked by regulators). So, it's in the contract, whether it gets paid is no guarantee.. people do like to use litigation to get out of their commitments.

Perhaps when they send out shareholder voting information I'll feel more confident in the potential deal...

https://www.cnbc.com/2022/05/13/elo...ay-from-twitter-deal-by-paying-1-billion.html
 

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It's been a few months now.. guess he wants out now...
 
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nvabill

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