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Redditadmin they/them  2yr ago (businessinsider.com) 24 thread views #84134

Twitter Will Take Elon Musk to Court to Close Deal

https://www.businessinsider.com/twitter-to-take-elon-musk-court-fight-close-deal-2022-7
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There was an article by NYT or something that basically predicted this. Everyone said that he could get out of it by paying $1b, but the deal has no such language. He basically has to prove they lied to him to the degree that it would make twitter worth far less than he thought it was, which is unlikely. Since tech stocks crashed, they're gonna be chasing him for the money hard. Best case he negotiates a deal and buys them for less than $54/share, but still at a premium. This maximizes drama.

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