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It was a fairly large premium and it waived due diligence and had a $1B termination fee. I don't think the board expected Elon to sign the offer, it was very bi
by jquery 4y ago
It was a fairly large premium and it waived due diligence and had a $1B termination fee. I don't think the board expected Elon to sign the offer, it was very biased in Twitter's favor. But I think Elon was feeling much too impressed with himself and took the bait.