|
|
|
|
|
by gzer0
1495 days ago
|
|
> Musk has a history of making public, bad-faith declarations to pump assets he later sells at profit. Could you point me to those instances? His offer wasn't a lowball offer at all considering the tech stock bloodbath we have seen as of late, and especially so because the offer was made just right before the massive downturn we have witnessed. I think it's quite the contrary; 44 billion is way higher than its worth imo. > Musk is trying to weasel his way out of paying anything. He would need to pay a $1 billion break up fee. I don't understand what point you are trying to make here. |
|
Musk only needs to pay the $1B breakup fee if he can't procure enough financing, among other strings. Musk has definitely has enough financing, he just doesn't want to pay it, so he's trying to weasel out of it by laying the ground work for a settlement to walk away.
Either way, Twitter's board is getting Musk's money, either selling at a now-premium or settling for wanting to break, due to Musk's errors.