5 ms·
nope. Why do you think an arbitrary thing will help him slip out of his business deal?
by nathanvanfleet 4y ago
nope. Why do you think an arbitrary thing will help him slip out of his business deal?
- klyrs 4y agoI can picture the twitter board... "I know how to make this go away, let's accept his offer, pass him a spliff, and say 'wouldn't it be hilarious to do the deal without due diligence?'" [unanimous laughter]
- openthc 4y agoYea, they be laughing at how that fool hits a J.
- kevinmchugh 4y agoI'm under the impression that Musk decided entirely on his own to skip diligence. Am I wrong?
- klyrs 4y agoI think you're right, at least, that's consistent with Twitter's account of the "whirlwind bargaining session." What I said up there was 100% humor. In all seriousness, I'm really hoping that Twitter takes Musk down a notch here, and most of the legal maneuvering has filled me with childish glee. Until today, that is. If the twitter board was aware of this, I'm not sure that even signing away diligence would get them off the hook. I'm not a lawyer, so I'm not really sure what to think here
- blantonl 4y agoWell, corporate governance always has meeting minutes for this exact reason. The corporate secretary always as a fiduciary responsibility to record in written form what was discussed at a board meeting.
- bpodgursky 4y agoAny proof of material internal knowledge which wasn't disclosed during diligence is completely fair game in a court case like this. Human beings on juries (or judges) decide these things. If you promise to sell someone a car and don't disclose that a raccoon is living in the seat cushion, it doesn't really matter what you made them sign, you're at risk of an adverse judgement.