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by tsimionescu 1474 days ago
> If he can get them to believe he will walk he might be able to renegotiate the price lower or get out altogether with paying only a $1b fee.

Now that he can't simply walk away and pay $1B. The contract he signed has a few extremely limited circumstances where the deal may fall through, and in those few cases, he would pay the $1B. In any other case, he has to pay the full amount.

1 comments

Exactly. Twitter doesn't have to accept a lower deal. Musk is on the hook for the deal he signed.