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Reply to "Elon Musk buys $3 billion stake (9.2%) in Twitter and is now the platform's largest shareholder"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Why doesn’t Musk simply cut a check for the billion he agreed to and move on? He could probably pull that money out of his pocket this very minute.[/quote] That’s half of his cash and cash equivalents.[/quote] The billion is for specific circumstances which do not apply here. If he were normal he would end up having to pay Twitter 1-3 billion to get out of this. He will not. So he will push it to the end -- trial --- he could win. More likely he will be ordered to close the deal. At that point he will have to pay 5-10 billion just to get out in a deal. At that point he might as well take it over again.[/quote] He would settle for 1-3 in a heartbeat, but why would Twitter take that deal? His unsubstantiated claims have damaged the brand and market value. [/quote]
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