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This is… not how your negotiate on price. What you call his “bid” was in fact his binding definitive agreement to acquire the company at an agreed upon price.
by nocoiner 4y ago
This is… not how your negotiate on price. What you call his “bid” was in fact his binding definitive agreement to acquire the company at an agreed upon price.
Yeah, plenty of deals get re-traded between signing and closing and purchase prices get re-cut, but the extreme bad faith by Musk after he signed the merger agreement made it functionally impossible for twitter’s board to do anything except hold him to the deal he made.