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> My words were "slap on the wrist." I think only having to pay $1B instead of $46.5B meets the criteria. The real wobble is about $19B-- the difference betwee
by mlyle 4y ago
> My words were "slap on the wrist." I think only having to pay $1B instead of $46.5B meets the criteria.
The real wobble is about $19B-- the difference between Twitter's market value and the acquisition offer. I think it is likely Elon pays well in excess of $1B, but maybe captures a little bit of that $19B for himself.
> That's Levine's analysis of, "if the banks don’t put up their $13 billion then he doesn’t have to put up his $33.5 billion".
Yah, and getting the banks to walk and then trying to walk from the deal would be a way to try and pay only $1B. The problem is, he's walked before the banks.