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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]I guess he’s trying to botch the deal via national security review. He can then make the claim that he’s a victim of government overreach, all while not having to cough up $44 billion.[/quote] I’ve been wondering since his latest announcement about the purchase if he’s just trying to delay the trial until the funding expires. [/quote] Why not both? He’s trying to throw the kitchen sink at this thing to get out of it. He doesn’t have the funding, imho. He was hoping on Delaware Chancery to delay things while also not opening himself to discovery, but the Delaware courts don’t play like that. I can’t imagine any large regulated bank underwriting debt for this transaction. It’s an overpriced loser and the downside risk is huge. [/quote]
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