Shouldn't this be simple now? They were suing him for backing out of the agreement so now that he wants to get it done, that should end that lawsuit.
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Elon Musk Proposes to Follow Through With Twitter Acquisition
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Me too. "I'm not going to buy it. It's too expensive. My current iPhone is just fine." Then a week after all the carrier deals expire. I pay full price. Every single time...
Already caused a dip on the Tesla stock while it was on a rally from yesterday. SEC should honestly take some serious actions and not some small pocket change charges against him.
Oh give it up man. Elon Musk may be a genius, but he’s lost his damn mind. 😂
I think most people’s best case scenario was that he was forced into an expensive settlement but still didn’t own Twitter. I wonder if this latest action is him calling Twitter’s bluff and see if they’re really serious about going through with it and aren’t just trying to squeeze the biggest settlement out of him.
I doubt very much it's a bluff. Twitter's management is looking for a pay out and a way out, in that order but without much gap between them.
His lawyers told him that there is no other way out .. 🤭
I have to admit I've been curious if he really thought he could get out of that penalty. Apparently he knows better.
I think you may be mixing several different groups and compiling them as one.
hope he buys it. he's a bit of an idiot but i'm here for the drama.
He wants to edit his tweets without paying for a Twitter Blue subscription.
I understand your point that it could give Musk an even bigger platform, but isn’t that what twitter is - propaganda? It’s currently a cesspool like most social media.
This is simple. Musk realized he didn't have a chance in hell to get out of the purchase agreement to which he also waived his due diligence.
The Delaware Court of Chancery would have sided with Twitter on this.
The text message dump between Musk and a bunch of other people probably didn't help either.
The Delaware Court of Chancery would have sided with Twitter on this.
The text message dump between Musk and a bunch of other people probably didn't help either.
'Literally' can be used to mean 'figuratively'. So yes, the definition has expanded and you've taken the post at literal face value and missed the point.
Crazy how many users hold so much hate toward an African-American immigrant with a disability, while several people matching only one of these demographics receive virtue-signaling or praise for participation-award-level "accomplishments." More of the same "I only like your demographics when you agree with me" instead of principles.
This is only an observation, not some non-sequitor argument, before anyone takes some guy's internet comment personally and feels their feathers ruffled.
This is only an observation, not some non-sequitor argument, before anyone takes some guy's internet comment personally and feels their feathers ruffled.
Well yeah cause his offer price is above the price they paid for the shares, easy to see why
What propaganda is that? is it "Work hard and you can achieve anything?"
I'm sure this is so his AI robot can learn how to be an idiot as it sits around tweeting all day since it can barely walk. Lol
He is hated by some for being guilty of thinking "wrong".
Billionaire Elon Musk has once again reversed course in the ongoing Twitter acquisition saga, today sending a letter to Twitter proposing a purchase at the original price, reports Bloomberg.
Musk originally offered to buy Twitter for $44 billion in April ($54.20 per share), a deal that Twitter ultimately accepted. Musk in May put the takeover "temporarily on hold" because of a dispute over the number of fake or spam accounts that Twitter claimed to have. Twitter said that fake accounts represented less than five percent of users, but Musk was not convinced.
In July, Musk decided he no longer wanted to buy Twitter and attempted to call off the purchase, claiming that Twitter did not comply with its contractual obligations and that he was not provided with the relevant business information that he requested.
Twitter in turn filed a lawsuit to force Musk to go on with the sale, accusing him of trashing the company, disrupting its operations, and destroying stockholder value. Musk's decision to offer to continue on with the purchase comes ahead of a trial that was set to begin on October 17. With Musk once again on board, it is probable that the acquisition will go through, provided he does not change his mind again.
Article Link: Elon Musk Proposes to Follow Through With Twitter Acquisition
Looks like Elon feels like his ego is running on low and needs to get some press coverage by changing his mind yet again on Twitter.
If Elon does buy Twitter I will probably stop reading Twitter. I've already trimmed who I Follow to just Music and the genre of music I like. I've stopped Following everything else I used to read and I only scan Twitter once a day now.