2 ms·
Elon Musk waived his right to due dilligence ... more fool him. You can file this in the 'pedo guy' cabinet of his life story where his child-ego got the bette
by LightG 4y ago
Elon Musk waived his right to due dilligence ... more fool him.
You can file this in the 'pedo guy' cabinet of his life story where his child-ego got the better of his undoubted business skills.
- celdon25 4y agoHe can do due diligence but from what I heard (correct me if I am wrong) he has to pay a heavy penalty ($1B) if he backs out.
- edmundsauto 4y agoAccording to Matt Levine, that's "not how any of this works". The $1B is if he could not secure financing, but it appears we are now past that point. The relevant question is whether the Twitter board wants to sue in court to compel a sale. Given what Musk does to the personal lives of his opponents, I'm not sure I would want to fight him. But given how many laws and rules he's broken at the point, I think there is a clear failure of justice if he can just do whatever he feels like without repercussions due to his common popularity.
- fullshark 4y agoWhat does he do to the personal lives of his opponents? And why would the board not do their fiduciary duty out of fear of that?