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Of interest from the order[0]: > Pursuant to Northern District of California Civil Local Rule 3-15 and Rule 7.1 of the Federal Rules of Civil Procedure, Respon
by akira2501 2y ago
Of interest from the order[0]:
> Pursuant to Northern District of California Civil Local Rule 3-15 and Rule 7.1 of the Federal Rules of Civil Procedure, Respondent X Corp. as successor in interest to named Respondent Twitter, Inc., by and through its counsel, certifies that Twitter, Inc. has been merged into X Corp. and no longer exists. Respondent X Holdings Corp., as successor in interest to named Respondent X Holdings I, Inc., by and through its counsel, certifies that X Holdings I, Inc. has been merged into X Holdings Corp. and no longer exists. X Corp. is wholly owned by X Holdings Corp. No publicly held corporation owns 10% or more of X Corp.’s or X Holdings Corp.’s stock.
[0]: https://www.washingtonpost.com/documents/2a00ce74-6d58-4f8e-bc2c-1bb820ee4705.pdf https://www.washingtonpost.com/documents/2a00ce74-6d58-4f8e-...
- 1vuio0pswjnm7 2y agoMay we ask why this is of interest. As other comments have mentioned, there is nothing unusual here. What are we missing.
- stephenr 2y agoWhen your shell company is a Russian nesting doll.
- ErikBjare 2y agoNot a lawyer, but looks like a pretty simple takeover structure to me.
- bberenberg 2y agoI sold a company and ended up with roughly the same. This is 100% bog standard.