Twitter now owned by Elon Musk

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Started by the-pi-guy, Apr 04, 2022, 02:31 PM

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kitler53

Which again has nothing to do with due diligence.

Right now Musk's legal team is arguing several conditions have been met. Twitter failed to provide requested data in a reasonable manner, Twitter failed to continue business in an ordinary course, etc. Most of those will be pretty difficult to prove in court but they're all potential avenues for terminating the agreement.


the "data" Twitter failed to provide wasn't provided because Twitter was legally required to not disclose it.  

what is your argument here?!?

I'm saying legally twitter is in the extremely favorable position over musk.  if this is settled in court these agreements are almost never overturned.  from what I've read it has only happened once in the last 20 years.  the best case scenario musk actually has here is he convinces Twitter to let him out in exchange for 1-10 billion dollars.


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