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Would anything let him change the deal at this point? Even if Twitter was hiding their bot problem Elon's initial offer waived his ability to do due diligence o
by AlexandrB 4y ago
Would anything let him change the deal at this point? Even if Twitter was hiding their bot problem Elon's initial offer waived his ability to do due diligence on this, no?
- georgeg23 4y agoThe courts can make anything happen .
- SketchySeaBeast 4y agoYou'd think so, but so far it seems like they can't get him out of this deal no matter how hard he tries.
- lazyasciiart 4y agoIt helps if you don’t make them hate you - because “can” doesn’t mean “must”.
- treis 4y agoI wonder how that would work, practically. You'd have to track down every individual shareholder and... what undo the transaction? Seems impractical.
- georgeg23 4y agoThe money hasn't been released to shareholders yet. Currently the target is Nov 8, but a lot could happen before then.
- mola 4y agoHe's a vindictive little man, even if he is stuck with Twitter at the price he paid, he probably wants revenge. Any evidence about information he didn't see will be fair game to claim witholding information from the court. And maybe a sec fraud indictment against those that were at the helm of Twitter.
- dev_daftly 4y agoHe wouldn't be able to change the deal, but a lawsuit against the previous board/executives is possible. The entire waiving of due diligence thing is also such a weird talking point. There was no contingency on due diligence, but part of the deal did include access to the information he would need to do it and any incorrect information in public filings should have been enough to get out of the deal.