Elon Musk buys $3 billion stake (9.2%) in Twitter and is now the platform's largest shareholder

Anonymous
Anonymous wrote:The lack of financing is his “get out of jail free” card. Closing the deal is subject to the availability of financing. There can be no specific performance of the acquisition without financing. So he can walk from the deal, and any liability, notwithstanding his purported termination of the agreement at least three separate times.

So he tried and failed to get out on the inspection contingency (since he didn’t have one) and now he’s trying with the financing contingency.
Anonymous
Anonymous wrote:The lack of financing is his “get out of jail free” card. Closing the deal is subject to the availability of financing. There can be no specific performance of the acquisition without financing. So he can walk from the deal, and any liability, notwithstanding his purported termination of the agreement at least three separate times.


The original deal was not contingent on debt financing, so he cannot use that to walk. He's pathetically trying to add that in now as a contingency, and Twitter obviously will not let him do that.
Anonymous
Anonymous
Sucks for Elon, but its good for the world for him to own it. So I cant say I feel sorry for him. He has billions and billions left over after this deal. He will be fine, and things will go back to how they used to be, where right wing political opinions can be expressed on social media.
Anonymous
Anonymous wrote:Twitter is using wachtell

Musk is using skadden i believe

Musk already lost


As predicted.

Anonymous
Anonymous wrote:
Anonymous wrote:Twitter is using wachtell

Musk is using skadden i believe

Musk already lost


As predicted.



I am far from convinced he'll actually close. I'm very surprised the judge stayed the trial. She has been very good so far in rejecting his attempts to delay, and this latest gambit seems to be very likely to be another delay bid. She should have told him he's welcome to close, and she'll cancel the trial once the closing actually happens.
Anonymous
Anonymous wrote:Sucks for Elon, but its good for the world for him to own it. So I cant say I feel sorry for him. He has billions and billions left over after this deal. He will be fine, and things will go back to how they used to be, where right wing political opinions can be expressed on social media.

We didn’t and do not need fascism in our faces.
Anonymous
Anonymous
Anonymous wrote:


Musk is going to succeed. SWITCH TO PUTIN
Anonymous
Anonymous wrote:Sucks for Elon, but its good for the world for him to own it. So I cant say I feel sorry for him. He has billions and billions left over after this deal. He will be fine, and things will go back to how they used to be, where right wing political opinions can be expressed on social media.


He won’t own sh1t. Whatever group of shadowy oligarchs and sovereign wealth funds backing the lenders will call the shots. There a reason Mudk is cuddling up to Putin.
Anonymous
Anonymous wrote:


So in addition to slapping that trump bumpersticker on your Tesla, you can paint a big "z" on it as well.
Anonymous
So let's get this straight. Musk talks to Putin. Starlink goes down, and simultaeanously, Musk is spouting pro-Russian rhetoric.

All while having his hands out to get money to cover his stupid Twitter offer.

Sure, this all seems on the up and up.

Anonymous
The Logan Act (18 U.S. Code § 953) makes it illegal for U.S. citizens to engage in unauthorized foreign diplomacy, including to "influence the measures or conduct of any foreign government" or to "defeat the measures of the United States."
Anonymous
Anonymous wrote:So let's get this straight. Musk talks to Putin. Starlink goes down, and simultaeanously, Musk is spouting pro-Russian rhetoric.

All while having his hands out to get money to cover his stupid Twitter offer.

Sure, this all seems on the up and up.


Nothing billionaires do is on the up and up.
Anonymous
He’s such a f#cking dirt bag.

So now he’s lined up Chinese + Saudi financing for Twitter, plus Russian political support. Gee, I wonder why the Chinese, Saudis, and Russians are so eager to control Twitter?
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