3 ms·
Why would they take a 5B settlement when they have legal grounds to force the deal through for 44B?
by peanuty1 4y ago
Why would they take a 5B settlement when they have legal grounds to force the deal through for 44B?
- CogitoCogito 4y agoIn theory accepting 44B minus the current market value as a settlement is equal in value to buying it 44B (though I'm sure many large investors might prefer the cash and cash out of Twitter entirely). But yeah 5B wouldn't cut it. Though settling for 5B or 10B or something under the true worth might be worth it if Twitter thinks there's a chance they won't win.
- ceejayoz 4y agoBecause there’s always the chance you lose in court, and years worth of nasty litigation is distracting and unfun.