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He signed the contract in a totally different market environment. Twitter's board knew this but still proceeded to sue him nonetheless. Did they understand the
by karp773 4y ago
He signed the contract in a totally different market environment. Twitter's board knew this but still proceeded to sue him nonetheless. Did they understand the consequences for the company and the employees? Sure they did but went on anyway.
- detaro 4y ago> He signed the contract in a totally different market environment. As if 13 billion extra debt would've not mattered when he signed the contract?
- adoxyz 4y agoHe made an unsolicited offer, the board didn't even want him to buy it and explored a bunch of options to prevent a hostile takeover, so he kept pushing, then they said fine, and then the market turned, and then he started walking it back trying to find any reason to back out, but eventually couldn't. This was 100% a self-inflicted wound.